Under the influence of the epidemic, most people feel that the current automobile market is not in a recession, and major car companies have to tighten their pants and belts to live. Although the overall environment of the car market is indeed declining, the models that will make money are still moist, after all, people's profits are really high, such as Tesla. According to Tesla's latest earnings report data, its total revenue in the first quarter was $18.756 billion, up 81% from $10.389 billion in the same period last year.
The net profit of bicycles is as high as nearly 70,000 yuan
Specifically, the automotive business, as Tesla's main source of revenue, is undoubtedly the highest, with revenue reaching $16.861 billion in the first quarter of this year, an increase of 87% year-on-year, accounting for 89% of its total revenue.
Being able to create this number, Tesla's continued high level of new car deliveries is the biggest contributor. As we all know, since Tesla built a gigafactory in Shanghai to greatly release its production capacity, its sales have been soaring. According to the data, in the first quarter of this year alone, Tesla's new car deliveries exceeded 310,000 units, an increase of 68% year-on-year, and it can also sell so well in the environment of rising tram prices, which shows Tesla's strong influence.
What needs to be said is that Tesla's sales are good, and the gross profit margin is also frighteningly high. According to a rough estimate of 310,048 car sales, Tesla made an average of $10,700 (about 68,600 yuan) from the sale of a car. And its bicycle gross profit margin is as high as 32.9%, far more than luxury cars such as BBA, almost twice that of mainstream car manufacturers such as Volkswagen and Toyota.
In addition, Tesla as a pure electric vehicle company, it has also obtained a lot of carbon emission points, and Tesla through the sale of these carbon emission points to obtain revenue of 679 million US dollars, which also gave China's new energy after the withdrawal of how to develop new energy vehicles, a shot of cardiotonic agent, just sell the points can make a fortune.
Why is Tesla so profitable?
In the past, we always had to serve car companies such as Porsche and Toyota, because they were the most profitable car companies in the automotive market, and the high profits were enviable. But now with its eyes on new energy vehicle companies, Tesla, which was once crumbling due to heavy losses, has become a presence that cannot be ignored.
Some people may wonder, it is reasonable to say that Tesla's price after domestic production is actually lower, taking Model 3 as an example, once as high as more than 300,000 prices, the official guidance price before the lowest subsidy has dropped to 251,740 yuan, can it really make money? The answer is yes. It is reported that the cost of a Tesla Model 3 is about 28,000 US dollars, according to the current exchange rate can be derived Tesla Model 3 cost of 182,000 yuan, which has a profit margin of nearly 70,000 yuan, this data is obviously very exaggerated.
However, Tesla has done a very good job of controlling costs. On the one hand, its products are actually highly similar, such as the current best-selling Model 3 and Model Y two models, because they come from the same platform, so they use parts sharing rate of up to 75%, it can be said that the two models are indeed not bad, many people also see the Model Y as the Model 3 SUV model, which not only saves a lot of development time, but is undoubtedly very effective in reducing costs.
On the other hand, Tesla's models are not the same as many brands at present, it uses the world's largest one-piece casting machine, and many complex manufacturing processes can directly filter you, such as no assembly, welding and other processes, so that the cost is saved. And Tesla uses a direct operation model, simply put, there is no middleman to earn the difference, so the price of the model is more open and transparent, and it can also be reduced according to the amount of cost.
Editor's note
In the automobile market, it is not the sales volume that proves that you will make money, after all, the profits of major brands of bicycles are not the same, and there are often car companies that seem to have a small sales volume, but they are very considerable in profits. So don't look at Tesla's sales and Volkswagen, Toyota and other giants have the same distance as the gap, but specific to the profit of bicycles, Tesla is still very capable of making money, and it is true that the car is invincible.
"The image comes from the Internet, if there is infringement, please contact to delete"