Recently, Tesla's Cybertruck is on tour in China. According to official information, from January 28, the Cybertruck will be unveiled in eight cities: Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Xi'an, Chengdu and Chongqing. The Chinese name of the car is "Tesla Cyber off-road station wagon". At present, it is only possible to view the static view, and it is not possible to enter the car.
According to Tesla's official website in China, the length, width and height of the car are 56829mm、2413.3mm、1790.8mm；The container size is approximately 183 cm x 122 cm, with a towing capacity of 4,990 kg and a payload of 1,134 kg; The estimated cruising range is 547 km, and the acceleration to 100 km/h is 27 seconds.
Source: Tesla's official website in China.
Regarding whether the Cybertruck will be delivered in the Chinese market, Musk once posted on social platforms that it will be very difficult to make the Cybertruck legal on the road in China, but we can ship some models for static display.
A check on Tesla's official website in China found that there is only a display page for the Cybertruck, and its price and reservation channel are not displayed.
In November 2019, the Cybertruck made its debut. After several delays, it finally rolled off the assembly line in July 2023, and began the first batch of 12 Cybertrucks in North America on December 1 last year. The car is available in three versions. The rear-wheel drive version costs $60,990, the all-wheel drive version costs $79,990, and the beast version of the Cyberbeast costs $99,990. The all-wheel drive and beast versions will be delivered in 2024, while the rear-wheel drive version is expected to be delivered in 2025.
Source: Tesla's official website in China.
Musk previously said at the third quarter of 2023 that Tesla's Cybertruck will not be able to achieve annual shipments of 250,000 units until 2025, and it will be "extremely difficult" to increase production. At present, Tesla is piloting the Cybertruck at its Texas factory, which can produce 1250,000 units, but 1 million people have already pre-ordered, which poses a great challenge to Tesla's production capacity.
Looking back on 2023, Tesla's revenue and sales in the Chinese market will still maintain a strong momentum.
According to the data, in 2023, Tesla's revenue in the Chinese market will be about 217$500 million, or 22 percent of total revenue5%。Among them, the revenue in the fourth quarter of last year was about $6.1 billion. From 2019 to 2021, Tesla's sales in the Chinese market were about $3 billion, $6.7 billion and $13.8 billion, respectively.
In terms of production and sales, Tesla produced 1845985 vehicles and delivered 1808581 vehicles in 2023. Production in the fourth quarter of last year was 494989 units, an increase of 13% from 439701 units in the same period last year; Deliveries were 484507 units, up 20 percent from 405278 in the prior-year quarter. Among them, the production of the Model 3 Y was 476777 units, a year-on-year increase of 14%; Deliveries were 461538 units, up 19% year-on-year.
Source: Tesla official.
Looking ahead to 2024, Tesla's capital expenditures will exceed $10 billion.
According to the Financial Associated Press, on the evening of January 30, Beijing time, Tesla filed a Form 10-K with the Securities and Exchange Commission. The table discloses details of the company's performance and operations.
Capital expenditures for fiscal 2023 were $8.9 billion, up from $71.9 billion in the previous year, according to the report$600 million, an increase of 17$400 million. The company expects to maintain similar growth in 2024, with capital expenditures exceeding $10 billion.
At the same time, Tesla also disclosed in its annual report that it had completed the VAM agreement signed with Shanghai ** that year - a capital expenditure of 140 by the end of 2023800 million yuan, and the annual tax payment reached 22300 million yuan. Tesla expects to continue to meet tax requirements based on current levels of spending and sales. Tesla said that when it first came to Shanghai to build a factory, the local ** gave a preferential corporate income tax rate policy of 15%, which has expired at the end of 2023. Starting in 2024, Tesla's Shanghai factory will pay income tax at the national standard of 25%.
The content is synthesized from the official information of the Financial Associated Press and Tesla.