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Tesla China revenue in the first quarter of 30.5 billion yuan!

Not long ago, Tesla released the first quarter of 2022 financial report, according to the data show that Tesla's total global revenue of 18.756 billion US dollars, this data was released instantly caused a hot discussion, so that many domestic netizens are curious about Tesla in this total revenue, how much will the revenue of the Chinese market be?

On April 26, according to Tesla's filing with the American Securities and Exchange Commission (SEC), in the first quarter of 2022, Tesla's revenue in China reached $4.65 billion, equivalent to about 30.5 billion yuan, compared with $3.04 billion in the same period last year, an increase of about 53%!

Tesla China revenue in the first quarter of 30.5 billion yuan!

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China is currently Tesla's second largest market, accounting for about 24.8% of the company's revenue, and the United States is Tesla's most important market, with revenue in the US market reaching $8.734 billion in the first quarter, accounting for 46.56% of the company's total revenue.

In addition, in the first quarter of this year, the delivery volume of the Shanghai factory was very amazing, according to the data released by the Association of Automobiles, in the first quarter of 2022, Tesla's global delivery volume was close to 310,000 vehicles, while Tesla's delivery volume in China was as high as 182,000 vehicles, accounting for 58.8% of the total global delivery.

Tesla China revenue in the first quarter of 30.5 billion yuan!

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Tesla said that the revenue of the Chinese market has such a dazzling performance, mainly depending on the increase in production and the increase in delivery volume of the Shanghai Gigafactory

It is worth noting that in the first quarter of 2022, Tesla's total gross profit margin of the car was 32.9%, a record high, Tesla said that Tesla's gross profit margin can reach 32.9%, one is the credit of the Shanghai factory, because the Shanghai Gigafactory Model Y sales and production mix has undergone favorable changes.

Tesla China revenue in the first quarter of 30.5 billion yuan!

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Second, although the cost of raw materials, commodities and logistics has risen, due to China's localization procurement and manufacturing, the average unit cost of Model 3 and Model Y has decreased!

Since the Shanghai factory was completed and put into operation in early 2020, Tesla's revenue in China has risen sharply, and the Shanghai factory has been living up to expectations, and the output has always been committed to the best ~ even Tesla CEO Elon Musk. Musk himself has repeatedly praised the Shanghai Gigafactory!

Tesla China revenue in the first quarter of 30.5 billion yuan!

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The recent shutdown of the Shanghai factory due to the epidemic for nearly three weeks has made Tesla have a large capacity loss in the second quarter, according to estimates, Tesla reduced production by at least more than 40,000 electric vehicles, accounting for 13% of its first quarter delivery!

But on April 19, the Shanghai factory has taken the lead in resuming work and production, and Musk said through social media that Tesla's work in China is progressing amazingly. Tesla aims to hit 1.5 million units of production capacity this year, which is equivalent to a growth rate of more than 50%, and the resumption of work and late deliveries of the Shanghai Gigafactory are key.

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