Text: Understand the original Chedi Cai Limei
A few days ago, according to foreign media reports, the average price of second-hand Tesla cars in the United States has fallen for 19 consecutive months, from an all-time high of $67,900 set in July 2022 to an all-time low of $33,913 today, a decrease of 50%.
The average price of used Tesla vehicles in the United States has been declining for 19 consecutive months
According to overseas market analysts, the decline in Tesla's used car prices is mainly affected by many factors.
First of all, with the growth of Tesla's electric vehicle sales scale, a large number of second-hand Tesla vehicles have entered the market, which has changed the relationship between supply and demand, and the price has naturally declined.
Secondly, the technology of Tesla's electric vehicles is updated quickly, and the introduction of new models has made the value of older models relatively reduced. Consumers are more willing to buy newer styles of Tesla models rather than choosing used cars.
In addition, the battery life and maintenance expenses of a used Tesla also have an impact on the price. Over time, battery performance gradually decays and needs to be replaced or repaired, which also makes the value of used Tesla cars decrease.
Tesla warns that "vehicle (production/delivery/shipments) growth in 2024 may be significantly lower than in 2023"
Combined with Tesla's latest financial results, Tesla's total revenue in 2023 will be $96.77 billion, a year-on-year increase of 19%, but far lower than the rapid growth of more than 50% in the previous two years, and revenue growth has slowed down significantly.
Among them, in the fourth quarter of 2023, Tesla's revenue was $25.17 billion, lower than the previous analysts' estimate of $25.87 billion, net profit was $7.928 billion, a year-on-year increase of 115%, and gross profit margin continued to decline to 17.6%, lower than market expectations of 18.3%.
In 2023, Tesla will deliver a total of 1,808,600 vehicles worldwide
In the past 2023, Tesla delivered a total of 1,808,600 vehicles worldwide, a year-on-year increase of 38%, and reached the target of 1.8 million vehicles set at the beginning of the year. As for the overall sales forecast for this year, Tesla expects that the sales growth rate in 2024 will "decline significantly" while developing the next generation of vehicles.
According to Tesla, the company is currently in between two major growth waves: the first one starts with the global expansion of the Model 3/Y platform, and the next wave of growth will be triggered by the global expansion of the next-generation vehicle platform.