Tesla's performance**, BYD's gap from the world's first narrowed to 3,456 vehicles.
Some time ago, Tesla, the big brother of pure electric vehicles, released its balance sheet for the third quarter.
To be honest, this quarter's report is not pretty, with a total revenue of about 233US$500 million, up 9% year-on-year;GAAP net income of 18$5.3 billion, down 44% year-on-year.
What's even more surprising is that the gross profit margin is only 179%, down 719 basis points year-over-year, with an operating margin of 76%, the lowest level since the first quarter of 2021.
In terms of sales, in the third quarter, Tesla's sales were only 435059, a decrease of more than 31,000 units compared with the second quarter.
And judging from the average delivery price in the third quarter, the ** per Tesla is only 4$40,000, a decrease of about $10,000 from the same period last year, shows that the price reduction did not bring sales, nor did it bring revenue and profit.
I have to say that it can be seen from these data that Tesla has been on fire for a long time, and this time it is true"To fire"Finish. Because of this, Musk also appeared particularly frustrated at the ** meeting, saying: Tesla is a very strong ship, but in a storm, even the strongest ship will have problems.
However, at the same time as Tesla collapsed, the national"God car"BYD's development is out of control.
First of all, look at the sales of pure electric vehicles, in the third quarter of 2023, BYD's pure electric vehicle sales will reach 431603, compared with Tesla's 435059, a difference of only 3,456 units, and BYD will immediately become the global leader in pure electric vehicles.
And from the performance point of view, BYD is even more popular.
In the third quarter, BYD expects to achieve a net profit of 954.6 billion yuan - 1154.6 billion yuan, a significant increase of 67%-102% year-on-year;In the first three quarters, it is expected to achieve a net profit of 20.5 billion yuan to 22.5 billion yuan, a year-on-year increase of 12016%-141.64%！
One is rapid growth, the other is the decline in performance, so through comparison, we believe that in the near future, BYD will also surpass Tesla in the field of pure electric vehicles and become the real king of new energy vehicles.
Especially with the growth of the domestic new energy market and BYD's continuous entry into foreign markets, sales and market share will definitely continue to grow.