Translation:
Content:
Word Count: 652
Estimated Reading Time: 7 minutes
As usual, let’s analyze the data for quarterly deliveries using the template and then add some subjective analysis.
Firstly, 310,048 vehicles were delivered in 2022Q1, an increase of 67% compared to 184,800 vehicles delivered in 2021Q1 and a 4% increase from 308,600 vehicles delivered in 2021Q4.
The following two charts are based on actual data from China. The first chart, “Market Penetration Rate,” refers to the proportion of new Teslas sold in China to total car sales (solid line represents actual data, and dashed line represents model data).
The second chart, “Tactical Penetration Rate,” refers to the proportion of new Teslas sold compared to the total sales of new energy vehicles (NEV) in China.
As we can see, Tesla is performing well in the Market Penetration Rate but only because overall NEV penetration in China has significantly increased. In terms of Tactical Penetration Rate, Tesla is facing strong competition in China due to the majority of new energy vehicles being A00, A0, and A-class models, which account for 70% of sales, while Tesla’s 3/Y are both B-class models, making it difficult to compete.
Now let’s take a look at the production data for Tesla’s global super factories.
Shanghai Super Factory
Shanghai’s factory has comprehensive data tracking covering 2021 and 2022. The dark columns represent the verified actual data, while the light columns represent model data.
Berlin Super Factory
“`markdown
Fremont Superfactory
Austin Superfactory
Currently, the Shanghai Superfactory has been affected by the epidemic blockade, and the production target of 1 million this year is under great pressure. Fremont factory has stable production rates as S/X becomes more and more efficient. The ramp-up speed of production capacity in Berlin and Texas super factories still needs about one quarter for initial judgement, but the first-year production should be around 130,000 units, the actual production of the Shanghai Superfactory in its first year.
In summary, Fremont factory contributes 550,000 units, Shanghai Superfactory 850,000 units, Texas Superfactory 150,000 units, Berlin Superfactory 90,000 units, totaling 1.64 million units.
2022 Q1 financial report short review will be released after the quarterly financial report meeting on April 20.
“`
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.