A few days ago, it was learned from relevant channels that Tesla CEO Musk said in an interview that "the price increase is not unfair, the demand is there." Previously, Tesla had raised prices multiple times in the first quarter.
From what Musk means, in addition to the increase in raw materials, consumers who buy Tesla Too much, and the demand is so high that the supply of products exceeds demand. Even if Tesla plans to increase production capacity by 50% this year, it may still not be able to meet market demand.
On April 21, Tesla announced its Q1 financial report, operating cash flow (free cash flow) after deducting capital expenditures ) was $2.2 billion, GAAP operating profit was $3.6 billion, and operating margin was 19.2% ; First quarter GAAP net profit was US$3.3 billion, and non-GAAP net profit (excluding share-based payment expenses) was US$3.7 billion; first quarter GAAP automotive gross profit margin was 32.9%, reaching new highs in many aspects.
Editor: Wang Yifei