Tesla expects deliveries to rise to 1.8 million this year.

　　On January 26, Tesla released its financial report for the fourth quarter ending December 31, 2022.

The financial report shows that Tesla achieved revenue of US$24.318 billion in the fourth quarter of last year, a year-on-year increase of 37%, higher than the expected US$24.16 billion; net profit of US$3.687 billion, a year-on-year increase of 59%, also higher than Wall Street expectations.

Its revenue and net profit in the fourth quarter of 2022 hit record highs again.

　　Notably, Tesla's auto gross margin in the fourth quarter of 2022 was 25.9%, the lowest level in the past five quarters.

Operating cash flow was US$3.278 billion, a year-on-year decrease of 29% and a quarter-on-quarter decrease of 36%.

　　In terms of delivery, in the fourth quarter of 2022, Tesla produced more than 439,700 vehicles worldwide and delivered more than 405,300 vehicles, setting a new high for delivery, but still slightly lower than the 429,000 deliveries that Wall Street had previously expected.

During the same period in 2021, Tesla delivered 308,600 vehicles.

　　For the whole year, in 2022 Tesla will achieve revenue of US$81.462 billion, a year-on-year increase of 51%; net profit of US$12.556 billion, a year-on-year increase of 128%.

In the whole year of 2022, Tesla produced a total of 1,369,600 vehicles worldwide and delivered a total of 1,313,900 vehicles.

　　The financial report shows that Tesla's annual production capacity has reached 100,000 Model S/Model X and 1.8 million Model Y/Model 3 per year.

The annual production capacity of the Shanghai factory has exceeded 750,000 Model 3/Model Y; its first factory in Fremont, California has an annual production capacity of 100,000 Model S/Model X and 550,000 Model Y/Model 3; The Texas and Berlin plants have an annual production capacity of 250,000 Model Y vehicles.

　　Regarding the Shanghai factory, Tesla said that the Shanghai factory is still Tesla's main export center, supporting almost all markets except North America.

In the short term, Tesla does not intend to expand its production capacity.

　　In the financial report, Tesla reiterated the 50% compound annual growth rate target proposed in early 2021.

Tesla expects to deliver 1.8 million vehicles in 2023, a 37% increase from 2022.

In addition, Tesla also said that its next-generation vehicle platform is under development, and the Cybertruck is expected to be put into production at the Texas factory later this year.

　　As of press time, Tesla’s U.S. stock rose 0.8% after hours to $145.58 per share.

　　The Paper reporter Wu Yuli