Share the news to friends and circles of friends with wechat scanning QR code < / P > < p > on January 27. On Wednesday, local time, American electric vehicle manufacturer Tesla announced the fourth quarter and full year financial results of fiscal year 2021. According to the financial report, Tesla's revenue in the fourth quarter was US $17.719 billion, an increase of 65% over US $10.744 billion in the same period last year; The net profit was US $2.321 billion, an increase of 760% over US $270 million in the same period last year. Adjusted earnings per share was $2.54, higher than analysts' average expected earnings per share of $2.26. After the release of the financial report, Tesla CEO Elon Musk, chief financial officer Zach kirkhorn, investor relations director Martin viecha and other company executives attended the financial report teleconference to introduce the company's fourth quarter results and answer questions from investors and analysts < p > < / P > < p > the following is the summary of the earnings conference call: < / P > < p > musk said that 2021 was a breakthrough year for Tesla, with the company's sales volume increasing by 90% and Tesla's operating profit margin reaching a new high. Since the fourth quarter of 2021, the company's cumulative profitability has been growing < p > although Tesla does not intend to announce the construction of new super factories this year, musk said that Tesla will continue to look for new sites that can build super factories before the end of this year. He mentioned that Tesla Texas super factory will use 4680 batteries and new structural components, and start delivering finished cars after completing certification. He mentioned that the first batch of vehicles equipped with 4680 battery modules are expected to be delivered to users as early as this quarter < p > musk pointed out that Tesla's current business focus is the Texas super factory and the Berlin super factory. "We have produced a small number of cars in Austin and Berlin," he said Musk stressed that Tesla's focus this year is to continue to expand car production. "We will not launch new models this year," he said. "If we launch new cars, the total output of cars will decline." However, musk mentioned that products such as Saibo truck, Tesla Roadster and Optimus robot are constantly optimizing the engineering design < p > musk believes that Optimus humanoid robot will be Tesla's most important product. "I think this will be the most important [product] over time," he said He added that if the labor shortage no longer exists, "I'm not even sure what the economy means" < p > later, cockhorn emphasized in his speech that the contribution of selling carbon emission points to Tesla's business in the fourth quarter has decreased and will continue to decrease. He also said that global supply chain constraints and chip shortage are the main factors restricting Tesla's further expansion of investment < p > in the investor Q & a session, someone asked when Tesla would launch an electric vehicle for $25000. "We are not developing a $25000 car right now. We have enough to do now. Frankly, too much," Musk said He also explained that the focus of this issue is wrong, because "what really matters is when cars will drive automatically, which will reduce transportation costs by four to five times." < p > in addition, there is a question about whether Tesla will launch domestic HVAC system. Musk and Tesla executives are very interested in this idea and do not deny that the company will not launch similar products. Musk believes that the "next logical step" is water heating. He said, "I think it will be a considerable game changer, but there are many other opportunities ahead of us." < p > some investors also mentioned whether Tesla will launch a long-term or permanent license for the full automatic driving (FSD) system. Musk points out that such a system seems complex. Tesla is currently more willing to focus on providing Tesla car users with a reasonably priced FSD system < p > when people mentioned the question about Tesla supercomputer Dojo, musk revealed that supercomputing would start "doing something useful" this summer. This supercomputer became practical when the FSD development team preferred Dojo to the current system. "Fully autonomous driving does not require Dojo, which would be a cost optimization for training a lot of data," Musk explained. "If dojo is competitive, we may provide this service to other companies." < p > it was mentioned that Tesla insurance business has been launched in five states in the United States. Musk and kirkhorn both think that insurance based on driving information is more useful, because people can drive safer as long as they know how to drive. They mentioned that the purchase rate of Tesla insurance is also considerable. Kirkhorn said, "our internal goal is that 80% of Tesla customers will choose Tesla insurance services by the end of this year." < p > as for where Tesla Optimus robot will be used first, musk said, "if we can't find its purpose, we can't expect others to find its purpose. The first application of Optimus will be in Tesla, such as moving parts in factories." < p > some investors asked about the maximum output of Tesla's factories. Musk said that this question is difficult to answer because it is easy to expand the maximum capacity of the factory. "It is possible to increase capacity," Musk added, adding that Tesla will comprehensively increase plant capacity < p > some people also asked what factors affected the production of cybertruck. Musk said the battery may not be a limiting factor for cyber trucks. But there are many new technologies that will take some time to implement. The selling price of cybertrucks must also be reasonable. At present, Tesla aims to manufacture 250000 cybertrucks a year < p > as for how Tesla continues to improve its profit margin, kirkhorn pointed out that model y is the key because its profit is much higher than model 3. The localization of auto parts in Shanghai Super factory is also very helpful to improve the profit margin. In addition, the rising price of Tesla cars in some markets also helps to improve profit margins. Kirkhorn also believes that Tesla software business should be the main focus of improving profit margin, because its profit margin is very high. When FSD and self driving taxis finally become a reality, Tesla's profit margin will increase significantly < p > investors also mentioned how Tesla can achieve L4 automatic driving and whether it needs the help of Dojo supercomputer. Musk said that Dojo supercomputer is not necessary to realize fully automatic driving. He also explained that ultimately reaching the level of human drivers is not a very high standard. Musk said: "in the coming months, the FSD system will ?
2023-03-22 10:04:49