Tesla increased revenue by 42% and expects to update record figures in the second half of the year

Tesla increased revenue by 42% and expects to update record figures in the second half of the year

The previous day, Ilon Mask congratulated Tesla's oldest company on the release of a two-million-dollar electric vehicle, which took more than 10 years to reach, but now together all existing assembly sites are capable of producing 1.9 million cars annually. By the end of the year Tesla hopes to have reached the 2 million electric vehicles produced annually.

Even under the difficult conditions of the second quarter, Tesla was able to increase the revenue by 42% to $16.9 billion annually and to increase the output of electric vehicles by 25% to 258580. All of this became known after the publication of the company's quarterly report, the results of electric vehicles were slightly higher than the expectations of analysts, and the revenue was projected to be $16.5 billion. All of this allowed Tesla's shares to grow by 1.45% after the closure of the trade. The supplies showed a slightly higher growth of 27% to 254695 machines. The direct production of Model 3 and Model Y increased by 19% to 2,42169 electric vehicles, and the volume of their supplies increased by 20% to 2,38695 cars.

Strong progress has been observed on Model X and Model S, since in the second and third quarters of last year their production was very modest because of the restiling versions that were converted into restiling versions. Consequently, even the 1,411 vehicles produced in the second quarter of this year grew by 601%, while the supply of Model X and Model S increased by 753% to 16,162.

The rate of expansion of production has traditionally been of particular pride to Tesla. Even at Fremont ' s oldest plant, the annual volume of assembly was able to reach 650,000 cars, of which Model Y and Model 3 account for 550 thousand. The Shanghai enterprise literally fired at the annual production of 750,000 electric vehicles after standing down during the locodown. Open springs in Berlin and Texas will be able to produce up to half of its design capacity each year. However, in Texas, it had to produce a simultaneous production of 4680 and 2170 battery-cells, but preparations are under way for the production of a Cybertruck pickup pickup truck, which will start in the middle of the next year.

The Berlin enterprise has reached a weekly production of 1,000 Tesla electric vehicles with traction batteries based on 2170 cells. The Texas enterprise will be able to reach this threshold in the coming months and will be dependent to a minimum on the availability of 4680-type cells in the current year. This factor, according to Mask, is expected to play a determining role only next year. In the long term, Tesla is going to increase the volume of electric vehicles by 50 per cent annually, and the current year should be no exception. In June, as the company ' s head stressed, record volumes of production were reached in California and China. This allows him to hope to achieve record figures for the delivery of electric vehicles in the current half-year. By the end of the year, the company ' s head expects Tesla to be able to produce 40,000 cars per week, now the weekly production volume has been fixed at 30,000 units. By the end of the year, enterprises in Berlin and Austin must at least reach a weekly output of 5,000 electric vehicles, and by the end of the year, they will be able to produce 40,000 machines per week, and by the end of the same year, and by the same amount will be worth.

The demand for this electric vehicle, according to Tesla's leaders, was only slightly affected by negative macroeconomic factors; the company had to raise prices after rising costs, but Ilon Mask hoped that Tesla would be able to reduce them slightly at a certain point.

The direct delivery of electric vehicles brought Tesla $14.6 billion in the last quarter, 43% more than a year earlier. The company was forced to sacrifice a profit rate in the automobile business, which did not exceed 27.9% in the second quarter, compared to 32.9% in the previous quarter and 28.4% in the same period of the second quarter. The increase in the company's expenditure was not offset by an increase in the average sales price. The operating rate remained one of the highest in the automobile industry, 14.6%, while Tesla's free money reached $18.3 billion at the end of the quarter.

The situation is exacerbated by the need to scale up production in new enterprises in Berlin and Texas, which is an expensive pleasure. The trade in environmental credits brought Tesla $344 million in the second quarter. The company has 709 offices and service stations, and the number of supercharger charging stations reaches 3,971, bringing the total number of simultaneous connections to 36165. This represents a third more than a year ago. Ilon Maska ' s estimates were also optimally sounded, which at the quarterly reporting conference stated that inflation should be reduced by the end of this year and, together with it, the prices of the main raw materials used in the manufacture of electric vehicles will fall. At least the prices of aluminium and steel have already begun to decline, although the cost of lithium is still high.