Aurélien Fleurot 7:29 p.m., April 21, 2022
Times are tough for automakers.
Difficulties in supply, rise in raw materials, purchasing power at half mast... The lights are red.
And yet, Tesla manages to pull out of the game. In this complicated context, Elon Musk's group indeed publishes record results in the first quarter: more than 310,000 vehicles delivered between January and March.
This is 68% more compared to the same period last year.
Times are tough for automakers, except for Tesla.
The group of Elon Musk indeed publishes record results in the first quarter: more than 310,000 vehicles delivered between January and March.
This is 68% more compared to the same period last year.
Tesla thus records a net profit multiplied by seven.
A jump of 50 to 60%
Tesla so far seems to have managed to minimize the impact of the various crises, in particular the closure of its Shanghai factory at the end of March due to Covid-19, the equivalent of a month of lost production.
But the 2022 target remains very high.
After having exceeded one million cars manufactured last year, a leap of 50 to 60% has been announced.
Tesla is also impacted by the rise in raw materials, which increases their costs by 10 to 15% ... and even the impact on prices.
It is now 50,000 euros minimum for the Model 3 in France, against 43,000 a year ago.
Even this does not lower the level of orders.
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One year delivery time
Tesla is also doing well thanks to batteries that are half nickel and cobalt free.
No miracle, however, for delivery times, as with many other manufacturers, you have to wait up to a year.
But what allows Tesla to always appeal to investors are the projects carried out by Elon Musk, who for example specified today his future autonomous taxi, a vehicle without steering wheel or pedals planned for 2024 whose trip could cost cheaper than a bus ticket!