Tesla announces financial results for the fourth quarter of 2023, sales are approximately 3.7 trillion yen, up 3% from the same period last year, but operating income is down 47% from the same period last year
On January 24, 2024, electric car manufacturer Tesla reported its financial results for the fourth quarter of October to December 2023. Tesla's total sales in the fourth quarter of 2023 were reported to be $25.167 billion (approximately 3.7 trillion yen), an increase of 3% from the same period last year. Due to these measures, it has been reported that operating profit decreased by 47% from the same period last year to $2.064 billion (approximately 300 billion yen).
Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023 | Tesla Investor Relations
2023 Q4 Quarterly Update Deck
(PDF file) https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q4-2023-Update.pdf
Exclusive: Tesla plans to build new electric vehicles in mid-2025 | Reuters
Tesla (TSLA) 2023 Q4 earnings
https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html
According to Tesla's announcement, the company produced approximately 495,000 vehicles in the fourth quarter of 2023 and sold more than 484,000. In addition, the number of automobiles produced in 2023 will increase by 35% from the previous year to approximately 1.85 million units, and the number of vehicles sold will increase by 38% from the previous year to approximately 1.81 million units.
Additionally, it was reported that automobile-related revenue increased by 1% from the same period last year to $21.563 billion (approximately 3.18 trillion yen), and total revenue increased by 3% from the same period last year to $25.167 billion. I am. Final profit also showed a rapid increase of 115% compared to the same period last year, to $ 7.928 billion (approximately 1.16 trillion yen).
On the other hand, operating income in the fourth quarter of 2023 fell to $2.064 billion, a 47% decrease from the same period last year, and multiple foreign media reported on this factor, saying, ``In the second half of 2023, The average selling price of cars has fallen due to rapid price cuts aimed at popularizing electric cars.''
In addition, Tesla CEO Elon Musk reported at a press conference after announcing the financial results that production of next-generation electric vehicles is scheduled to begin in the second half of 2025 at the company's
For this reason, Tesla has issued a statement to shareholders saying, ``In 2024, Tesla will be working at its Gigafactory in Texas to launch the next generation of electric vehicles, so the growth in the number of cars sold will be the same as in 2023.'' It may be significantly lower than that.' In addition, Tesla did not reveal its car sales target for 2024.
In the United States in 2023, overall sales of electric vehicles will increase by approximately 50% from the previous year, and electric vehicles are becoming more popular. However, the Chinese manufacturer BYD will gradually lose its share to Tesla, which has had the top share until now. Expand. It is reported that BYD will overtake Tesla as the world's top electric car manufacturer in the fourth quarter of 2023. The selling price of ``Redwood'', which Tesla is developing, is expected to start at about $ 25,000 (about 3.7 million yen), and it is thought that it will develop into competition with inexpensive electric cars sold by manufacturers such as BYD. Masu.
Related Posts:
in Vehicle, Posted by log1r_ut