When it comes to the world's largest outlet industry, new energy vehicles are undoubtedly one of them. With the proposal of low-carbon environmental protection concept, new energy vehicles have become the mainstream of the global automobile market, and there is a trend to replace traditional fuel vehicles. In the global new energy vehicle market, Tesla can be called the dominant player.
With the advantages of performance, appearance and other aspects, Tesla has won the favor of a large number of consumers, becoming the world's first car company with a market value of more than one trillion US dollars, and founder Musk is also sitting on the throne of the world's richest man, which shows how successful Tesla is. As of April 26, Tesla's latest market value was $1.03 trillion, still leading the world's major car companies.
It is worth mentioning that after Tesla has stabilized its dominant position, its own profitability is getting stronger and stronger. According to recent data released by Tesla, in the first quarter, Tesla achieved a net profit of up to $3.318 billion, a staggering 658% year-on-year increase. Behind Tesla's terrible profitability, the production capacity support from the Shanghai factory in the mainland is indispensable.
Why? It is reported that in Tesla's global car delivery volume, the Shanghai factory has accounted for more than half, which can be said to be Tesla's most important overseas export center. According to relevant statistics, Tesla's Shanghai Gigafactory delivered a total of 484,100 vehicles in 2021. Even Musk himself has repeatedly publicly expressed his optimism about the Shanghai factory and said that there are relevant expansion plans this year.
Tesla and the Shanghai factory can be said to be "mutual achievement". The Shanghai factory has provided Tesla with a capacity guarantee, which has steadily increased profitability; and Tesla's success has also brought considerable economic benefits to Shanghai.
Seeing this situation, in fact, many countries want to pull Tesla to build factories in the local area, such as India is a good example. Recently, perhaps seeing that Tesla's profit data is very eye-catching, India has once again thrown an "olive branch" of cooperation to Tesla.
According to relevant reports on April 26, Indian officials said that Tesla is very welcome to produce and export cars in India. In March of this year, India also made a commitment, saying that as long as Tesla builds a factory in India, it will provide Tesla with corresponding incentives.
In order to attract Tesla, India has also continued to "sell" itself, saying that more than 80% of India's lithium batteries are produced locally, which can facilitate Tesla's local business development. Not only that, India has also said that it wants to cooperate with Tesla in the Hyperloop project.
In fact, although India has been inviting Tesla to India for development, it has set a high vehicle tariff of 60%-100% on imported electric vehicles. In such a situation, Tesla to india to build a factory is undoubtedly to bear a lot of costs, which is the main reason why Tesla has not entered the Indian car market.
Musk has spoken out more than once for India to lower tariffs, but the latter has never acted on it, only verbally promising the benefits of incentives. But you know, Musk can make Tesla the world's number one car company, he can be more shrewd than anyone. If India does not reduce tariffs, Tesla estimates that it is impossible to build a factory in the local area.
In addition, in the eyes of many people, the development potential of India's new energy automobile industry is also limited. Because the local infrastructure and production conditions have not been met, it is not enough to meet the needs of giants like Tesla.
Although India has wanted to vigorously develop the new energy vehicle industry in recent years, it has ignored a key question, that is, is there really so many consumers in India who can afford the price of new energy vehicles? Without a consumer base and facility production guarantee, India wants to attract Tesla to build a factory in the local area and promote the development of the new energy automobile industry.
Do you think India will renege on its promise again? Will Tesla go to India to build a factory? Feel free to leave a comment below to discuss.