The manufacturer released in 2022 12.5 billion dollars in profit, compared to 5.5 billion the previous year.
by Arnaud Leparmentier (New York, correspondent)
There are two Elon Musk: the compulsive Twitto which too often rocks in conspiracy, and the industry captain who made Tesla the world leader in the electric automobile. His detractors imagined that the first was going to train the second in his fall. It has not been, for the moment in any case, as evidenced by the results of the last quarter 2022, better than awaited by Wall Street, and which allow you to draw a balance sheet of the year.
Tesla released 12.5 billion dollars last year, compared to 5.5 billion the previous year. She was still losing a billion in 2018, when the company bordered on bankruptcy and Elon Musk was planning to withdraw it from Wall Street, a promise that earned it to be currently translated to a California court for false information. Tesla produced 1,369 million vehicles last year, a leap of 47 % compared to the 930,000 of 2021. Tesla officially targets 1.8 million for 2023 – Elon Musk even estimated Wednesday January 25 before analysts he had “the potential to produce 2 million cars”-when it was only 255,000 in 2018.
Thus, despite disturbances on global supply chains, microprocessor shortages and various closures in China, the automaker has experienced global growth of its 50 % turnover (71 billion dollars ) where the world industry stagnated. It garners operational margins of 16 %, or double the sector, according to the figures provided by the company.
Tesla may have had a stock market course divided by three since its highest reached at the end of 2021, it is still worth $ 450 billion, against 200 billion for Toyota, 80 billion for Volkswagen and… $ 12 billion for Renault.
Difficulties
This great angle is a prerequisite to put the “failed” sales objectives in 2021 and 2022 to put into perspective before exploring the difficulties that the company may encounter. For years, Tesla has embarked on an investment race, to meet demand. Elon Musk has set himself the goal of producing by 2030 20 million vehicles per year by 2030, which would make Tesla the world’s leading producer – Toyota currently produces 8 million vehicles per year.
For this, his boss believes that he needs more than a dozen factories. Tesla has therefore spread out beyond the Bay of San Francisco to set up in Shanghai, China, near Berlin, Germany, and Austin, Texas. Mr. Musk intends to enlarge this last factory and plans to set up in Mexico and Indonesia. The rise in power often encounters difficulties. After the COVID-19 in the United States, the politico-administrative workers in Brandenburg, its Shanghai factory underwent temporary closings due to the confinements due to the COVVI-19 which made him miss his production objectives two years in a row .
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