特斯拉2024年第四季度和 2023 财年更新（英）.pdf

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】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。:..Q4andFY2023Update1:..Highlights03FinancialSummary04OperationalSummary07VehicleCapacity09CoreTechnology10OtherHighlights11Outlook12Photos&Charts13KeyMetrics22FinancialStatements24AdditionalInformation31:..HIGHLIGHTSSUMMARYProfitability$;$,,makingitthebest-sellingvehicle,ofanykind,,,the$;$-isanEV.$-e1in2023;$$,evenaswefocusedonfuturegrowthprojectswithourhighestcapitalexpendituresandR&DexpensesinOne-timenon-cashtaxbenefitof$,morethandoublecomparedtothepreviousyear,&Otherbusinessincreasedfroma~$500Mlossin2019toa~$$;freecashflow2of$,investinginourfuturegrowthandfindingOperatingcashflowof$;freecashflowof$.$$,,thissystemusesAItoinfluencevehiclecontrols(steeringwheel,pedals,indicators,etc.)insteadofhard--sellingvehicleintheworld4Wearefocusedonbringingthenextgenerationplatformtomarketasquicklyaswecan,,125%growthrevolutionizehowvehiclesaremanufactured.(1)ExcludesSBC(stock-pensation)andreleaseofvaluationallowanceondeferredtaxassets;(2)Freecashflow=operatingcashflowlesscapex;(3)Includescash,cashequivalentsandinvestments;(4)Teslaestimatebasedonpreliminarydata;(5)CalculatedbydividingCostofAutomotiveSalesRevenuebyrespectivequarter’snewdeliveries(ex-operatingleases);(6)Activedriversupervisionrequired;doesnotmakethevehicleautonomous.:..FINANCIALSUMMARY(Unaudited)($inmillions,exceptpercentagesandpersharedata)Q4-2022Q1-2023Q2-2023Q3-2023Q4-2023YoYTotalautomotiverevenues21,30719,96321,26819,62521,5631%Energygenerationandstoragerevenue1,3101,5291,5091,5591,43810%Servicesandotherrevenue1,7011,8372,1502,1662,16627%Totalrevenues24,31823,32924,92723,35025,1673%Totalgrossprofit5,7774,5114,5334,1784,438-23%%%%%%-612bpOperatingexpenses1,8761,8472,1342,4142,37427%efromoperations3,9012,6642,3991,7642,064-47%%%%%%-784bpAdjustedEBITDA5,4044,2674,6533,7583,953-27%%%%%%-652bpmonstockholders(GAAP)3,6872,5132,7031,8537,928115%monstockholders(non-GAAP)4,1062,9313,1482,3182,485-39%monstockholders,diluted(GAAP)%monstockholders,diluted(non-GAAP)-40%Netcashprovidedbyoperatingactivities3,2782,5133,0653,3084,37033%Capitalexpenditures(1,858)(2,072)(2,060)(2,460)(2,306)24%Freecashflow1,4204411,0058482,06445%Cash,cashequivalentsandinvestments22,18522,40223,07526,07729,09431%4:..FINANCIALSUMMARY(Unaudited)($inmillions,exceptpercentagesandpersharedata)20192020202120222023YoYTotalautomotiverevenues20,82127,23647,23271,46282,41915%Energygenerationandstoragerevenue1,5311,9942,7893,9096,03554%Servicesandotherrevenue2,2262,3063,8026,0918,31937%Totalrevenues24,57831,53653,82381,46296,77319%Totalgrossprofit4,0696,63013,60620,85317,660-15%%%%%%-735bpOperatingexpenses4,1384,6367,0837,1978,76922%(Loss)efromoperations(69)1,9946,52313,6568,891-35%Operatingmargin-%%%%%-758bpAdjustedEBITDA2,9855,81711,62119,18616,631-13%%%%%%-637bpNet(loss)monstockholders(GAAP)(862)7215,51912,55614,99719%monstockholders(non-GAAP)362,4557,64014,11610,882-23%monstockholders,diluted(GAAP)()%monstockholders,diluted(non-GAAP)-23%Netcashprovidedbyoperatingactivities2,4055,94311,49714,72413,256-10%Capitalexpenditures(1,327)(3,157)(6,482)(7,158)(8,898)24%Freecashflow1,0782,7865,0157,5664,358-42%Cash,cashequivalentsandinvestments6,26819,38417,70722,18529,09431%5:..FINANCIALSUMMARYRevenueTotalrevenuegrew3%YoYinQ4to$,revenuewasimpactedbythefollowingitems:+growthinvehicledeliveries+growthinotherpartsofthebusiness+positiveFXimpactof$-reducedvehicleaveragesellingprice(ASP)YoY(),includingunfavorableimpactofmix-lowerFSDrevenuerecognitionYoYduetoFSDBetawidereleaseinNorthAmericainQ4`22edecreasedYoYto$,%,ewasprimarilyimpactedbythefollowingitems:-reducedvehicleASPduetopricingandmix-increaseinoperatingexpensespartlydrivenbyAIandotherR&Dprojects-lowerFSDrevenuerecognitionYoYduetoFSDBetawidereleaseinNorthAmericainQ4`22-costofCybertruckproductionramp+lowercostpervehicle,includinglowerrawmaterialcosts,logisticscostsandIRAcreditbenefit+growthinvehicledeliveries+grossprofitgrowthinEnergyGenerationandStoragee,wedidrecordaone-timenon-cashtaxbenefitof$-endcash,cashequivalentsandinvestmentsincreasedsequentiallyby$$,drivenbyfreecashflowof$$.(1)’:..OPERATIONALSUMMARY(Unaudited)Q4-2022Q1-2023Q2-2023Q3-2023Q4-2023YoYModel3/Yproduction419,088421,371460,211416,800476,77714%Othermodelsproduction20,61319,43719,48913,68818,212-12%Totalproduction439,701440,808479,700430,488494,98913%Model3/Ydeliveries388,131412,180446,915419,074461,53819%Othermodelsdeliveries17,14710,69519,22515,98522,96934%Totaldeliveries405,278422,875466,140435,059484,50720%ounting15,18422,35721,88317,42310,563-30%Totalendofquarteroperatingleasevehiclecount140,667153,988168,058176,231176,56426%(1)Globalvehicleinventory(daysofsupply)131516161515%Solardeployed(MW)**********-59%Storagedeployed(MWh)2,4623,8893,6533,9803,20230%Teslalocations9631,0001,0681,1291,20825%Mobileservicefleet1,5841,6921,7691,8461,90921%Superchargerstations4,6784,9475,2655,5955,95227%Superchargerconnectors42,41945,16948,08251,10554,89229%(1)Daysofsupplyiscalculatedbydividingnewvehicleendinginventorybytherelevantquarter’sdeliveriesandusing75tradingdays(alignedwithAutomotiveNewsdefinition).7:..OPERATIONALSUMMARY(Unaudited)20192020202120222023YoYModel3/Yproduction302,301454,932906,0321,298,4341,775,15937%Othermodelsproduction62,93154,80524,39071,17770,8260%Totalproduction365,232509,737930,4221,369,6111,845,98535%Model3/Ydeliveries300,885442,562911,2421,247,1461,739,70739%Othermodelsdeliveries66,77157,08524,98066,70568,8743%Totaldeliveries367,656499,647936,2221,313,8511,808,58138%ounting25,43934,47060,91247,58272,22652%Totalendofyearoperatingleasevehiclecount49,90172,089120,342140,667176,56426%(1)Globalvehicleinventory(daysofsupply)1315616160%Solardeployed(MW)173205345348223-36%Storagedeployed(MWh)1,6513,0223,9926,54114,724125%(2)Teslalocations4335236449631,20825%Mobileservicefleet7588941,2811,5841,90921%Superchargerstations1,8212,5643,4764,6785,95227%Superchargerconnectors16,10423,27731,49842,41954,89229%(1)Daysofsupplyiscalculatedbydividingnewvehicleendinginventorybytherelevantyear’sdeliveriesandusing300tradingdays(alignedwithAutomotiveNewsdefinition).8(2)WerevisedourmethodologyforreportingTesla’sphysicalfootprinttoincludeallsales,service,deliveryandbodyshoplocationsgloballyfor2022onwards.:..VEHICLECAPACITYCurrentInstalledAnnualVehicleCapacityAfterourscheduledglobalfactoryshutdowninQ3,,000ProductionModel3-withasignificantlyquietercabin,ventilatedseats,ascreenforrearseats,longerrangeandmanyotherimprovements-,000ProductionShanghaiModel3/ModelY>950,000ProductionUS:California,NevadaandTexasBerlinModelY375,000ProductionTexasModelY>250,000ProductionBeforeTeslapurchasedtheFremontfactory,therecordoutputofthepreviousownerwasnearly430,,theTeslaCybertruck>125,000ProductionFremontfactoryproducednearly560,000vehiclesthankstoour~20,000Fremont-NevadaTeslaSemi-,--IndevelopmentInstalledcapacity≠,includingequipmentuptime,China:ponentsupply,downtimerelatedtofactoryupgrades,,reboundingfromthescheduled4%%2%Europe:Berlin-Brandenburg1%ModelYproductioninBerlincontinuedtogrowinQ4,achievingbotharecord0%(TTM)Source:TeslaestimatesbasedonlatestavailabledatafromACEA;;CAAM–light-9dutyvehiclesonly;TTM=Trailingtwelvemonths:..CORETECHNOLOGYArtificialIntelligenceSoftwareandHardware800700InQ4,wereleasedourlatestFSDBetasoftware(V12)toselectTeslaemployees,600andmorerecently,-to-endtraining,,400whichusesTesla-:real-worlddata,trainingandcutting--municationbus,Etherloop,(millions)partofourholidayupdate,whenparking,Teslavehicleswithoutultrasonicsensors$40,000displayahigh-fidelity3Drenderingofthevehicle'ssurroundings,includingnearbybarriers,$39,-partysolutionsthatenhanceintegrationand$38,000managementofTesladevices.$37,000$36,000Battery,Powertrain&Manufacturing$35,000Costofgoodssoldpervehicledeclinedsequentiallytoslightlyabove$36,,$34,000ourteamcontinuestofocusonfurthercostreductionsacrossallpointsofQ42022Q12023Q22023Q32023Q42023production,:..,,a125%,impactedby10logisticsandtheglobaldistributionofprojectsatanygiventime,weexpect8continuedgrowthonatrailingtwelve-,(GWh),0achiev