In 2021, record financial results for Tesla

Tesla’s financial results for 2021 have fallen: the brand achieved a turnover of 55.8 billion dollars. That’s about twice as much as Porsche.

And 10: Tesla has just completed its tenth quarter in the green, concluding a rather rich year 2021, both industrially and automotively as well as financially. While waiting for the American manufacturer to finally unveil the schedule of upcoming releases (in particular the Cybertruck pickup, the Roadster, but also why not a Model 2), we were treated to the traditional financial results of the beginning of the year, which exceed the forecasts made by investors and analysts for 2021.

Impressive turnover and margins

In 2021, Tesla saw its turnover increase by 71% to reach 54 billion dollars. This is almost double what Porsche can achieve in a year, even if, at first glance, it is like comparing apples and cherries: Porsche sold 300,000 vehicles when Tesla sold nearly a million. . However, this ratio of three could well be canceled out given the average price at Porsche, which is significantly higher than at Tesla, which delivered almost no Model S and X in 2021. The American brand generated a net result of 5, 5 billion dollars, its best score since the beginnings, in the 2000s.

But the most impressive remains the operating margin: it went from 6% at the end of 2020/beginning of 2021 to more than 14% in the second half of 2021. Tesla rightly claims, that its margin in 2021 was higher than that of all the major manufacturers. Only Ferrari can boast of doing better, even if, obviously, Tesla will have to manage to maintain such figures, in a context of high investments (factory construction, in particular).

Finally, note that Tesla also owns some $1.3 billion in Bitcoin according to the group’s financial tables, at the current price of “BTC”…

Published on 01/27/2022 Updated 01/28/2022

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