Beijing time on February 23 morning news, Tesla Motors today announced the fourth quarter of fiscal 2016 financial report. The report shows that Tesla's fourth-quarter revenue was $2.285 billion, an increase of 88% from $1.214 billion in the same period last year; net loss was $219 million, which was narrower than the net loss of $302 million in the same period last year. . Tesla's adjusted loss per share in the fourth quarter was greater than analysts had expected, revenue exceeded expectations, and its share price rose more than 2% after the close.
At the same time as the financial report was released, Elon Musk announced the company's new construction plan and personnel changes, as well as the mass production promotion of Model 3.
CFO changes: veteran returns
In a conference call with the media and analysts, Musk announced that Tesla's chief financial officer, Jason Wheeler, will leave his post, and his position will be taken over by former company CFO Deepak Ahuja.
Tesla official said: "Jason has made a number of important contributions to Tesla, including leading the company in the third quarter of last year, leading the acquisition of SolarCity, and preparations for the Model 3 mass production."
Jason also gave Tesla a positive evaluation: "If you don't really get a good job, leaving Tesla is not a comfortable decision. He (Muske) is a big fight. He is a great leader who does some work."
Wheeler joined Tesla as vice president of finance at Google. After leaving Tesla, he will work in public policy.
Former CFO De Parker had previously worked for Ford for 10 years and joined Tesla in 2008. He worked with Musk in Tesla's unclear financial year and led the company out of the financial crisis in 15 years. retirement. The veteran is re-engaged and the market is expected to have a positive impact on Tesla’s financial situation.
Model 3: Tesla says July iron production
Regarding Model 3, although many investors and suppliers believe that the production of Model 3 will jump to 2018, Tesla reiterated that it will begin mass production of Model 3 in July this year, and in the fourth quarter of this year. At some point in time, it produces more than 5,000 Model 3s per week, and by 2018 it will increase its weekly production capacity to 10,000 units.
Tesla produced a small amount of Model 3 for testing in January, "and achieved positive results." Previously, the company also announced that it will renovate the production lines of some other models and conduct trial production of Model 3 in March.
At the same time, Musk also reiterated that Tesla still plans to complete the goal of shipping a total of 500,000 electric vehicles in 2018.
Gigafactory: Three more capacity expansions
In terms of construction plans, Musk said that Tesla will build three additional super energy factories Gigafactory (Gigafactory 1 is a battery manufacturing plant in Nevada, Gigafactory 2 is a SolarCity solar power plant in New York), "We expect to The location of the three Gigafactory plants will be finalized later this year."
Tesla is in urgent need of increasing production capacity to meet a large number of orders from users. After the release of the Model 3 for the mass market in March last year, Tesla received nearly 400,000 orders, while the number of orders for the existing models Model S and Model X increased by 49% in the fourth quarter. Tesla plans to spend $2-25 billion in capital expenditures before Model 3 officially mass production in July.
Tesla’s delivery target for 2016 was also not completed. The company expects to deliver 80,000 to 90,000 electric vehicles to customers by the end of 2016, but in the end it only achieved 76,230. Tesla attributed the unfinished goal to the fact that the autopilot system "Autopilot" upgrade required sensor replacement, slowing down the shipment speed. However, compared to the same period last year, Tesla's electric vehicle sales still increased by 77%.
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A: Test before shippment
- Each Generator Set shall be put into commission more than 4 hours totally, tested on idle load, fully load and 10% overload.- Noise level shall be tested.
- All of the meters on the control panel shall be tested.
- The appearance of the Set and the label, nameplate shall be tested. "
-Voltage available: 50Hz: 380-400-415V/ 220-230-240V; 60Hz: 220-380-416-440-480V/ 110-208-220 240V. Any special voltage is also available as cilent's request.
B: Packing & Warranty
- Packing: Wooden Case, Plywood or Metal Case.
- Delivery Time: Less than 25 working days after receiving prepayment.
- Warranty: One year or 1, 000 hours from the date of shippment
(15 Months or 1, 200 hours for Alternator Part).
C: Control System:
1, Basic control system, the basic type control system is provided with a current meter, a volmeter, a frequency meter, an oil pressure guage,
a water thermometer and indicator lights on the control cabinet and 4 additional protection fuctions are to be provided as required by customers.
2, AST (Automatic Start Type Control System), Optional Automatic Start Type System is provided When there is an interruption in the commercial
power supply (or there is a start signal in other generator sets), this generator set will, subject to time delay acknowledgement (0-30 S adjustable), be automatically started (1-8 times adjustable). In addition, it is provided with a basic protection function and digital or meter indication of voltage, current, frequency and rotation
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