特斯拉2024年第四季度和 2023 财年更新（英）.ppt

该【特斯拉2024年第四季度和 2023 财年更新（英） 】是由【youyicheng】上传分享，文档一共【32】页，该文档可以免费在线阅读，需要了解更多关于【特斯拉2024年第四季度和 2023 财年更新（英） 】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。Q4andFY2023Update1Highlights03040709101**********FinancialSummaryOperationalSummaryVehicleCapacityCoreTechnologyOtherHighlightsOutlookPhotos&ChartsKeyMetricsFinancialStatementsAdditionalInformationHIGHLIGHTSProfitabilitySUMMARY$;$$;$$-e1in2023;$,,makingitthebofanykind,,manydoubtedtheviabilitbest-$,evenaswefogrowthprojectswithourhighestcapitalexpendituresandR&-timenon-cashtaxbenefitof$,paredtothepreviousyear,&increasedfroma~$500Mlossin2019toa~$500Mprofitin202CashOperatingcashflowof$;freecashflow2of$$;freecashflowof$$$,,,thissystemusesAItoinfluence(steeringwheel,pedals,indicators,etc.)insteadofhard--sellingvehicleintheworld4Wearefocusedonbringingthenextgenerationplatformtomawecan,,125%growth(1)ExcludesSBC(stock-pensation)andreleaseofvaluationallowanceondeferredtaxassets;(2)Freecashflow=operatingcashflowlesscapex;(3)Includescash,cashequivalentsandinvestments;(4)Teslaestimatebasedonpreliminarydata;(5)CalculatedbydividingCostofAutomotiveSalesRevenuebyrespectivequarter’snewdeliveries(ex-operatingleases);(6)Activedriversupervisionrequired;(Unaudited)($inmillions,exceptpercentagesandpersharedata)TotalautomotiverevenuesQ4-202221,307Q1-202319,963Q2-202321,268Q3-202319,625Q4-202321,5631%10%27%EnergygenerationandstoragerevenueServicesandotherrevenue1,3101,7011,5291,8371,5092,1501,5592,1661,4382,166Totalrevenues24,3185,%23,3294,51124,9274,%23,3504,17825,1674,%3%-23%%%-612bpOperatingexpensesefromoperationsOperatingmargin1,8763,%1,8472,%2,1342,%2,4141,%2,3742,%27%-47%-784bpAdjustedEBITDA5,%4,%4,%3,%3,%-27%AdjustedEBITDAmargin-652bpmonstockholders(GAAP)monstockholders(non-GAAP)3,6874,1062,5132,9312,7033,1481,8532,3187,9282,485115%-39%monstockholders,diluted(GAAP)monstockholders,diluted(non-GAAP)%-40%NetcashprovidedbyoperatingactivitiesCapitalexpenditures3,278(1,858)1,4202,513(2,072)4413,065(2,060)1,0053,308(2,460)8484,370(2,306)2,06433%24%45%31%FreecashflowCash,cashequivalentsandinvestments22,18522,40223,07526,07729,0944FINANCIALSUMMARY(Unaudited)($inmillions,exceptpercentagesandpersharedata)Totalautomotiverevenues201920,821202027,236202147,232202271,462202382,41915%54%37%EnergygenerationandstoragerevenueServicesandotherrevenue1,5311,9942,3062,7893,8023,9096,0916,0358,3192,226Totalrevenues24,5784,%31,5366,%53,82313,%81,46220,%96,77317,%19%-15%TotalgrossprofitTotalGAAPgrossmargin-735bpOperatingexpenses4,138(69)4,6361,%7,0836,%7,19713,%8,7698,%22%-35%(Loss)efromoperationsOperatingmargin-%-758bpAdjustedEBITDA2,%5,81711,%19,%16,%-13%%-637bpNet(loss)monstockholders(GAAP)monstockholders(non-GAAP)(862)367215,51912,55614,11614,99710,88219%2,4557,640-23%monstockholders,diluted(GAAP)monstockholders,diluted(non-GAAP)()%-23%NetcashprovidedbyoperatingactivitiesCapitalexpenditures2,405(1,327)1,0785,943(3,157)2,78611,497(6,482)5,01514,724(7,158)7,56613,256(8,898)4,358-10%24%-42%31%FreecashflowCash,cashequivalentsandinvestments6,26819,38417,70722,18529,0945FINANCIALSUMMARYRevenueTotalrevenuegrew3%YoYinQ4to$,revenuewasimpactedbythefollowingitems:+growthinvehicledeliveries+growthinotherpartsofthebusiness+positiveFXimpactof$-reducedvehicleaveragesellingprice(ASP)YoY(),includingunfavorableimpactofmix-lowerFSDrevenuerecognitionYoYduetoFSDBetawidereleaseinNorthAmericainQ4`22ProfitabilityedecreasedYoYto$,%,ewasprimarilyimpactedbythefollowingitems:-reducedvehicleASPduetopricingandmix-increaseinoperatingexpensespartlydrivenbyAIandotherR&Dprojects-lowerFSDrevenuerecognitionYoYduetoFSDBetawidereleaseinNorthAmericainQ4`22-costofCybertruckproductionramp+lowercostpervehicle,includinglowerrawmaterialcosts,logisticscostsandIRAcreditbenefit+growthinvehicledeliveries+grossprofitgrowthinEnergyGenerationandStoragee,wedidrecordaone-timenon-cashtaxbenefitof$-endcash,cashequivalentsandinvestmentsincreasedsequentiallyby$$,drivenbyfreecashflowof$$.(1)’(Unaudited)Q4-2022419,088Q1-2023421,371Q2-2023460,211Q3-2023416,800Q4-2023476,777Model3/YproductionOthermodelsproductionTotalproduction14%-12%13%20,61319,43719,48913,68818,212439,701440,808479,700430,488494,989Model3/Ydeliveries388,13117,147412,18010,695446,91519,225419,07415,985461,53822,96919%34%OthermodelsdeliveriesTotaldeliveries405,27815,184422,87522,357466,14021,883435,05917,423484,50710,56320%-30%ountingTotalendofquarteroperatingleasevehiclecountGlobalvehicleinventory(daysofsupply)(1)140,66713153,98815168,05816176,23116176,5641526%15%Solardeployed(MW)**********-59%30%Storagedeployed(MWh)2,4623,8893,6533,9803,202Teslalocations9631,0001,6921,0681,7691,1291,2081,90925%21%Mobileservicefleet1,5841,846Superchargerstations4,6784,9475,2655,59551,1055,95227%29%Superchargerconnectors42,41945,16948,08254,892(1)Daysofsupplyiscalculatedbydividingnewvehicleendinginventorybytherelevantquarter’sdeliveriesandusing75tradingdays(alignedwithAutomotiveNewsdefinition).7OPERATIONALSUMMARY(Unaudited)2019302,3012020454,9322021906,03220222023Model3/YproductionOthermodelsproductionTotalproduction1,298,43471,1771,775,15970,8261,845,98537%0%62,93154,80524,390365,232509,737930,4221,369,61135%Model3/Ydeliveries300,88566,771442,56257,085911,24224,980936,22260,9121,247,14666,7051,739,70768,87439%3%OthermodelsdeliveriesTotaldeliveries367,65625,439499,64734,4701,313,85147,5821,808,58172,22638%52%ountingTotalendofyearoperatingleasevehiclecountGlobalvehicleinventory(daysofsupply)(1)49,9011372,08915120,3426140,66716176,5641626%0%Solardeployed(MW)173205345348223-36%125%Storagedeployed(MWh)1,6513,0223,9926,54114,724Teslalocations(2)4337585238946449631,2081,90925%21%Mobileservicefleet1,2811,584Superchargerstations1,8212,5643,4764,6785,95227%29%Superchargerconnectors16,10423,27731,49842,41954,892(1)Daysofsupplyiscalculatedbydividingnewvehicleendinginventorybytherelevantyear’sdeliveriesandusing300tradingdays(alignedwithAutomotiveNewsdefinition).(2)WerevisedourmethodologyforreportingTesla’sphysicalfootprinttoincludeallsales,service,,-withasignificantlyquietercabin,ventilatedseats,ascreenforrearseats,longerrangeandmanyotherimprovements-,000550,000>950,000375,000>250,000>125,000-CaliforniaModelS/ModelXModel3/ModelYModel3/ModelYModelYProductionProductionShanghaiBerlinProductionUS:California,NevadaandTexasProductionTexasModelYProductionBeforeTeslapurchasedtheFremontfactory,therecordoutputofthepreviousownerwasnearly430,,theTeslaFremontfactoryproducednearly560,000vehiclesthankstoour~20,000Fremont-,--Installedcapacity≠,includingequipmentuptime,componentsupply,downtimerelatedtofactoryupgrades,:ShanghaiUS/CanadaEuropeChinaShanghairesumednormalrateproductioninQ4,%3%2%1%Europe:Berlin-BrandenburgModelYproductioninBerlincontinuedtogrowinQ4,%MarketshareofTeslavehiclesbyregion(TTM)Source:TeslaestimatesbasedonlatestavailabledatafromACEA;;CAAM–light-dutyvehiclesonly;TTM=Trailingtwelvemonths9CORETECHNOLOGYArtificialIntelligenceSoftwareandHardware8007006005004003002001000InQ4,wereleasedourlatestFSDBetasoftware(V12)toselectTeslaemployees,andmorerecently,-to-endtraining,,whichusesTesla-:real-worlddata,trainingandcutting--municationbus,Etherloop,,whenparking,Teslavehicleswithoutultrasonicsensorsdisplayahigh-fidelity3Drenderingofthevehicle'ssurroundings,includingnearbybarriers,-(millions)$40,000$39,000$38,000$37,000$36,000$35,000$34,000Battery,Powertrain&ManufacturingCostofgoodssoldpervehicledeclinedsequentiallytoslightlyabove$36,,ourteamcontinuestofocusonfurthercostreductionsacrossallpointsofproduction,