In Q3 this year, Tesla achieved revenue of 6.303 billion US dollars, a decrease of 8% compared with the same period of last year, slightly lower than analysts’ expectations.

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Unexpected profit, Shanghai factory progress ahead, Tesla Q3 made some surprises

This year, Q3, Tesla achieved revenue of 6.303 billion US dollars, a decrease of 8% compared with the same period of last year, slightly lower than analysts’ expectations. However, due to good control of operating costs during the quarter (the lowest level since the Model 3 was put into production), Tesla’s net profit reached $143 million, the first time in the year to turn a profit. In addition, Tesla also revealed that the Shanghai plant has started trial production, ahead of schedule. Unexpected earnings and progress in the Chinese factory, Tesla shares soared more than 20% after the end, reaching the highest level since February.

In terms of production line, Tesla Q3 produced 97,200 electric vehicles, an increase of 16% compared with the same period of last year. Although it hit a record high, it still has not reached the target of 100,000 production per quarter. Specific to different models, Model 3 is the main model delivered by Tesla, Q3 delivery increased by 42% year-on-year to 79,700 units; while Model S and Model X two models delivered a total of 17,500 units, a decrease of 3 Span>

Editor’s comment: According to the annual output of 360,000 units and the previous three quarters of 225,000 units, Tesla needs to produce in the next quarter…

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Huawei released Mate X in a low-key manner, and the folding screen mobile phone in the dilemma can be expected in the future

On October 23, Huawei released the first folding mobile phone Mate X, which supports 5G dual-mode, and the national bank version sells for up to 16,999 yuan. This folding screen mobile phone was first released in the World Mobile Communications Conference in Spain this year. It was originally scheduled to be released in the middle of the year. However, after the Samsung folding screen mobile phone had problems successively, Huawei’s folding mobile phone Mate X began to adjust a lot, and the release time was postponed. just now. Even so, Huawei still keeps a low profile. Before the meeting, it does not mention folding mobile phones. It will not talk about mass production.

Whether it is Samsung’s violent thunder or Huawei’s cautiousness, its roots lie in the difficulty of folding mobile phones. The first is the durability of the screen, hinges, and shaft. The OLED structure of the folding screen is complicated in design, and the material requirements are high, which directly leads to the product yield climbing. The service life of the hinge is estimated to be only about 20,000 times (reported by CITIC Securities), which cannot meet the general needs of users. In addition, the flexible OLED used in folding mobile phones makes packaging more difficult.

Second is the application ecological construction problem. If the ecology is not complete, the folding screen mobile phone has a cool appearance and cannot be improved

Editor’s comment: Folding screen mobile phones have the potential to change the industry trend, but the cost is high, and small and medium-sized manufacturers are temporarily difficult to enter. Author Li Zhenliang thinks…

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Deep Information| Unexpected profit, Shanghai factory progress ahead, Tes  Pull Q3 made some surprises

In-depth information| Accidental profit, Shanghai factory progress ahead,  Tesla Q3 made some surprises