1 thought on “wholesale livestock jewelry In the shortage of chip, Tesla CEO Musk: You don’t know how difficult it is to produce cars”
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quality gold wholesale trendy jewelry News on April 27th, according to foreign media reports, Monday, local time, Electric car manufacturer Tesla announced the first quarter of 2021 financial report, showing that its revenue was nearly 10.4 billion US dollars, and the income per share was 0.93 US dollars. The performance exceeded Wall Street expectations expected And for seven consecutive quarters of profit. In financial report release, Tesla's investor relationship director Martin Viecha, CEO Elon Musk, chief financial officer Zakari Kokkhon ( Zachary Kirkhorn and other executives attended the conference call, interpreted the financial report and answered questions from investors and analysts.
Musk: Tesla once again refreshed the quarter record Musk first introduced the overall performance of Tesla in the first quarter, saying that Tesla once again refreshed the previous record in the previous record again. Essence He said Tesla has seen people's views on electric vehicles, and demand is stronger than ever. Musk said: "The demand for electric vehicles is the best we have ever seen, which is why the performance in the first quarter of this year is as good as previous years. Slightly weak. " Musk also mentioned the victory of the Model 3 in the luxury electric car market, and it even defeated the old models such as BMW 3 Series. As for Model Y, this car may become the best -selling car in the world. Musk estimates that this situation will become a reality at some time in 2022. Musk said that the problem of solving the FSD requires massive data support. In this case, Tesla has an advantage because it has more than 1 million cars on the road, which should help the company handle a small probability. Musk said: "Although it is quite tricky, we have confidence to improve FSD." Musk said in response to the shortage of chip shortage of the car industry. The most difficult supply chain challenge. " Is to Model S and Model X, Musk pointed out that the challenge is more than expected. He listed many improvements of these vehicles, such as using new interior, battery packs, and motors to launch many new features. Musk also added that Tesla has only improved the production of cars, and may increase production in May. Musk said that Model X should increase production in the third quarter of 2021. He said: "Our goal is to produce 2,000 Model S and Model X a week. I believe that the demand for these two flagship models will be very large." Musk also said that the production of new Model S and Model X will also be said. The cost is actually lower, and the factory in Berlin and the U.S. -Texas factory in Germany may make mass production next year. In the end, he thanked Tesla for their efforts. Kirkhorn explained the delays of Model S and Model X, and acknowledged that delays were adversely affected by the company's finances. He also said that due to continuous global supply shortage, Tesla is experiencing many challenges, but the company is working with partners to solve these challenges. Kirkhotn revealed that Tesla sold about 10% of Bitcoin it held and made a profit of $ 272 million. The retailer investors raised five major questions The retailer investors began to ask questions, first of all about the problem of autonomous driving computer DOJO project. Musk pointed out that Tesla is currently a car and energy company, but in the long run, people should regard Tesla as a robot company. He said: "I think we are building the world's most powerful hardware and software teams." Looking at Tesla's technological development, people will find that Tesla has reached the level that needs to provide more powerful things than the market. For this reason, Tesla's creation of supercomputers is of great significance to help train its neural network. When describing the idea behind the DOJO project, Musk said: "Imagine such a system: it has very good eyes, you can see all directions at the same time, never know how tired, have redundant, and react time Superman. Such a system will be superman. Realize a high level of safety. "We have more than 1 million cars on the road, which will provide huge data. Next year, this number will increase to 2 million vehicles. Musk said that Tesla is actually more and more good in automatic annotations. This is almost the "ultimate goal" of neural network training and the design goal of Dojo. He said: "We think DOJO's cost and benefits of hardware and energy use may be a magnitude of magnitude better than the second solution we know. Maybe others will also use it, we are willing to share with you." R " n The second question is related to the solar roof. Investors want to know the price of this product and the increase in production. Musk revealed that the demand for solar roof was very strong, but he acknowledged that Tesla made an error when evaluating the difficulty of installing solar roof tiles. He said: "You can't have a system for everyone." Musk reiterated that Tesla tied Powerwall and its solar products together, and added that the batteries produced last year have more batteries. High peak capacity. With a bundled package, Musk said that the difficulty of installation will decrease a lot, and the installation staff does not even need to touch the circuit breaker of the house. According to Musk, this is important to control the scale of installation. Musk continued to discuss the potential of PowerWall, saying that the ability of the virtual power plant provided by this home battery is impressive. Considering that the world is moving towards "electric vehicles to become the norm", this is particularly noteworthy. In view of this, there must be a way to produce more electricity to meet the needs of the future of all electrification. Considering Tesla's mission, this change will be beneficial to the company. Musk said: "For Tesla and Electric Power Company, this represents the future of prosperity. Otherwise, we will see more about the power supply crisis brought by the cold current of Texas earlier this year. Provide services. " The third question, Kirkhorn was asked about cryptocurrencies. He re -provided information about Tesla Bitcoin investment and final sale, and the company's decision to support Bitcoin payment. According to Kirkhorn, Tesla is always looking for cash. Considering that the returns provided by traditional investment are much less, Bitcoin is considered a better way to achieve this goal. Kirkhorn said: "Bitcoin is a good place to preserve Tesla's cash, and can get more returns from it." Considering Tesla's revenue of more than $ 200 million in a few months in a few months This decision is definitely worth it. He said: "We are always satisfied with the liquidity of the Bitcoin market, and firmly believe that the long -term value of Bitcoin." The fourth question, about Tesla Auto accidents. Musk said that the media reported that Tesla's crashing trees in Texas was "deceived." According to Lars Moravy, Vice President of the company's automobile engineering, Tesla is working with the Dexas government in a car accident. Tesla has studied with relevant agencies to understand more details of the car accident. According to the survey results, the steering wheel of the car seemed to be deformed, and someone sat on the driver's seat when it collided. All the seat belts in the car were unlocked. The fifth problem is related to vehicle production. Musk said that people still do not understand the difficulty of production. He said that large -scale production is extremely difficult. Tesla is the first company to mass production and bankruptcy in a century. Musk also said: "Tesla has experienced several survival crisis to do this." Musk has shared many challenges that Teslake has experienced in the years, such as because of trivial problems such as carpets and USB ports. Forced to stop production. He said: "Solving these problems is simply crazy." The analysts pay more attention to details such as new batteries, FSDs n new Street Research analyst Pierre Ferragu The battery capacity and the current progress. Musk revealed that Tesla has a small pilot factory to produce 4680 batteries with an annual production capacity of 10GWh. He said, "Our battery has not reached the point where it is reliable and can be installed into a car, but we think it is close to this threshold. We have ordered the production of batteries in Berlin and Osin Factory. We treat it. We treat it. The attitude of this incident is very serious, and he firmly believes that you can achieve 4680 battery production next year. " Musk also added that it seems that Tesla's mass production of 4680 battery is about 12 months or no more than 18 A month. At the same time, Tesla is also seeking cooperation with existing suppliers to produce 4680 batteries. The 4680 battery revolution was not driven by Tesla alone, and Ningde Times, LG and Panasonic all participated. In the end, Tesla is expected to increase the output of the supplier by more than double. Fraigu also asked about the follow -up situation of Tesla's energy business. Musk said Tesla has a high profit margin in the energy and automobiles, but it should be pointed out that the company's electric vehicle business is more mature than the exploration of the energy field. However, PowerWall's business has taken shape and the profit margin is quite good. Musk said: "We have a clear route diagram to reduce the cost of Megapack." This analysts of Wolf Research Company asked about Tesla's introduction of FSD software, such as subscription mode and its influence. Kirkhorn said Tesla is working hard to launch FSD subscription services, although some aspects of this service still need to work more. He said: "We hope to be able to launch soon, and see what people react to this." Dan Levy, Credit Credit analyst, asked Tesla and its ongoing cost reduction Measures. Tesla said that manufacturing cars are a complex process, but if you look at the progress made by the company's production of certain models (such as Model Y), you will find that many innovations are undergoing the field, which should improve the main business cost ( COGS). In general, Musk and his team's speeches at this year's conference seem to be a bit cautious, predicting that the timetable for projects such as 4680 batteries is more conservative. Tesla did not provide specific predictions for car delivery in 2021. But considering the current challenges of the shortage of chips and components, this may not be a bad strategy.
quality gold wholesale trendy jewelry News on April 27th, according to foreign media reports, Monday, local time, Electric car manufacturer Tesla announced the first quarter of 2021 financial report, showing that its revenue was nearly 10.4 billion US dollars, and the income per share was 0.93 US dollars. The performance exceeded Wall Street expectations expected And for seven consecutive quarters of profit.
In financial report release, Tesla's investor relationship director Martin Viecha, CEO Elon Musk, chief financial officer Zakari Kokkhon ( Zachary Kirkhorn and other executives attended the conference call, interpreted the financial report and answered questions from investors and analysts.
Musk: Tesla once again refreshed the quarter record
Musk first introduced the overall performance of Tesla in the first quarter, saying that Tesla once again refreshed the previous record in the previous record again. Essence He said Tesla has seen people's views on electric vehicles, and demand is stronger than ever.
Musk said: "The demand for electric vehicles is the best we have ever seen, which is why the performance in the first quarter of this year is as good as previous years. Slightly weak. "
Musk also mentioned the victory of the Model 3 in the luxury electric car market, and it even defeated the old models such as BMW 3 Series. As for Model Y, this car may become the best -selling car in the world. Musk estimates that this situation will become a reality at some time in 2022.
Musk said that the problem of solving the FSD requires massive data support. In this case, Tesla has an advantage because it has more than 1 million cars on the road, which should help the company handle a small probability. Musk said: "Although it is quite tricky, we have confidence to improve FSD."
Musk said in response to the shortage of chip shortage of the car industry. The most difficult supply chain challenge. "
Is to Model S and Model X, Musk pointed out that the challenge is more than expected. He listed many improvements of these vehicles, such as using new interior, battery packs, and motors to launch many new features. Musk also added that Tesla has only improved the production of cars, and may increase production in May.
Musk said that Model X should increase production in the third quarter of 2021. He said: "Our goal is to produce 2,000 Model S and Model X a week. I believe that the demand for these two flagship models will be very large."
Musk also said that the production of new Model S and Model X will also be said. The cost is actually lower, and the factory in Berlin and the U.S. -Texas factory in Germany may make mass production next year. In the end, he thanked Tesla for their efforts.
Kirkhorn explained the delays of Model S and Model X, and acknowledged that delays were adversely affected by the company's finances. He also said that due to continuous global supply shortage, Tesla is experiencing many challenges, but the company is working with partners to solve these challenges.
Kirkhotn revealed that Tesla sold about 10% of Bitcoin it held and made a profit of $ 272 million.
The retailer investors raised five major questions
The retailer investors began to ask questions, first of all about the problem of autonomous driving computer DOJO project. Musk pointed out that Tesla is currently a car and energy company, but in the long run, people should regard Tesla as a robot company. He said: "I think we are building the world's most powerful hardware and software teams." Looking at Tesla's technological development, people will find that Tesla has reached the level that needs to provide more powerful things than the market.
For this reason, Tesla's creation of supercomputers is of great significance to help train its neural network. When describing the idea behind the DOJO project, Musk said: "Imagine such a system: it has very good eyes, you can see all directions at the same time, never know how tired, have redundant, and react time Superman. Such a system will be superman. Realize a high level of safety. "We have more than 1 million cars on the road, which will provide huge data. Next year, this number will increase to 2 million vehicles.
Musk said that Tesla is actually more and more good in automatic annotations. This is almost the "ultimate goal" of neural network training and the design goal of Dojo. He said: "We think DOJO's cost and benefits of hardware and energy use may be a magnitude of magnitude better than the second solution we know. Maybe others will also use it, we are willing to share with you." R " n The second question is related to the solar roof. Investors want to know the price of this product and the increase in production. Musk revealed that the demand for solar roof was very strong, but he acknowledged that Tesla made an error when evaluating the difficulty of installing solar roof tiles. He said: "You can't have a system for everyone."
Musk reiterated that Tesla tied Powerwall and its solar products together, and added that the batteries produced last year have more batteries. High peak capacity. With a bundled package, Musk said that the difficulty of installation will decrease a lot, and the installation staff does not even need to touch the circuit breaker of the house. According to Musk, this is important to control the scale of installation.
Musk continued to discuss the potential of PowerWall, saying that the ability of the virtual power plant provided by this home battery is impressive. Considering that the world is moving towards "electric vehicles to become the norm", this is particularly noteworthy. In view of this, there must be a way to produce more electricity to meet the needs of the future of all electrification.
Considering Tesla's mission, this change will be beneficial to the company. Musk said: "For Tesla and Electric Power Company, this represents the future of prosperity. Otherwise, we will see more about the power supply crisis brought by the cold current of Texas earlier this year. Provide services. "
The third question, Kirkhorn was asked about cryptocurrencies. He re -provided information about Tesla Bitcoin investment and final sale, and the company's decision to support Bitcoin payment. According to Kirkhorn, Tesla is always looking for cash. Considering that the returns provided by traditional investment are much less, Bitcoin is considered a better way to achieve this goal.
Kirkhorn said: "Bitcoin is a good place to preserve Tesla's cash, and can get more returns from it." Considering Tesla's revenue of more than $ 200 million in a few months in a few months This decision is definitely worth it. He said: "We are always satisfied with the liquidity of the Bitcoin market, and firmly believe that the long -term value of Bitcoin."
The fourth question, about Tesla Auto accidents. Musk said that the media reported that Tesla's crashing trees in Texas was "deceived." According to Lars Moravy, Vice President of the company's automobile engineering, Tesla is working with the Dexas government in a car accident.
Tesla has studied with relevant agencies to understand more details of the car accident. According to the survey results, the steering wheel of the car seemed to be deformed, and someone sat on the driver's seat when it collided. All the seat belts in the car were unlocked.
The fifth problem is related to vehicle production. Musk said that people still do not understand the difficulty of production. He said that large -scale production is extremely difficult. Tesla is the first company to mass production and bankruptcy in a century. Musk also said: "Tesla has experienced several survival crisis to do this."
Musk has shared many challenges that Teslake has experienced in the years, such as because of trivial problems such as carpets and USB ports. Forced to stop production. He said: "Solving these problems is simply crazy."
The analysts pay more attention to details such as new batteries, FSDs n new Street Research analyst Pierre Ferragu The battery capacity and the current progress. Musk revealed that Tesla has a small pilot factory to produce 4680 batteries with an annual production capacity of 10GWh.
He said, "Our battery has not reached the point where it is reliable and can be installed into a car, but we think it is close to this threshold. We have ordered the production of batteries in Berlin and Osin Factory. We treat it. We treat it. The attitude of this incident is very serious, and he firmly believes that you can achieve 4680 battery production next year. "
Musk also added that it seems that Tesla's mass production of 4680 battery is about 12 months or no more than 18 A month. At the same time, Tesla is also seeking cooperation with existing suppliers to produce 4680 batteries. The 4680 battery revolution was not driven by Tesla alone, and Ningde Times, LG and Panasonic all participated. In the end, Tesla is expected to increase the output of the supplier by more than double.
Fraigu also asked about the follow -up situation of Tesla's energy business. Musk said Tesla has a high profit margin in the energy and automobiles, but it should be pointed out that the company's electric vehicle business is more mature than the exploration of the energy field. However, PowerWall's business has taken shape and the profit margin is quite good. Musk said: "We have a clear route diagram to reduce the cost of Megapack."
This analysts of Wolf Research Company asked about Tesla's introduction of FSD software, such as subscription mode and its influence. Kirkhorn said Tesla is working hard to launch FSD subscription services, although some aspects of this service still need to work more. He said: "We hope to be able to launch soon, and see what people react to this."
Dan Levy, Credit Credit analyst, asked Tesla and its ongoing cost reduction Measures. Tesla said that manufacturing cars are a complex process, but if you look at the progress made by the company's production of certain models (such as Model Y), you will find that many innovations are undergoing the field, which should improve the main business cost ( COGS).
In general, Musk and his team's speeches at this year's conference seem to be a bit cautious, predicting that the timetable for projects such as 4680 batteries is more conservative. Tesla did not provide specific predictions for car delivery in 2021. But considering the current challenges of the shortage of chips and components, this may not be a bad strategy.