On the early morning of July 24th Beijing time, Tesla released its Q2 2024 financial report. The report shows that in the second quarter, Tesla produced over 410000 electric vehicles globally and delivered over 444000 electric vehicles, a month on month increase of 14.7%, ranking first in global electric vehicle sales in the second quarter. The Shanghai Gigafactory continues to play an important role, with a delivery volume of 71007 vehicles in June.
In terms of revenue, Tesla achieved record quarterly revenue. In the second quarter, Tesla's revenue reached $25.5 billion (approximately RMB 185.5 billion). However, Tesla's earnings per share and net profit showed a year-on-year double-digit decline.
Looking ahead to the future of autonomous driving and autonomous taxi services, Tesla CEO Elon Musk revealed during the earnings conference call that Robotaxi will be released on October 10th, which is slightly delayed from the previously announced August. Affected by the news, Tesla's US stock price fell by more than 7% after market hours.
Tesla's US stock price performance. Source: Choice
Robotaxi may be put into use by the end of this year or at the latest next year, "Musk said. Robotaxi is based on FSD (Fully Autonomous Driving Capability), and Robotaxi is an autonomous taxi that represents a business model and autonomous driving capability.
Tesla's FSD adopts an end-to-end logical design, and when it can be implemented in China will attract attention. Musk stated that Tesla will apply for regulatory approval in Europe and China to implement supervised FSD, and is expected to receive approval by the end of this year.
In the second quarter, Tesla's FSD (Supervised Edition) launched a new version that mainly relies on eye tracking software to monitor the driver's attention. At the same time, emphasis was also placed on reducing intervention and improving driver comfort.
The second-generation humanoid robot Optimus, which is also full of a sense of the future, has been handling battery tasks in the factory according to Tesla. It is expected that thousands of Optimus will perform tasks in Tesla factories by the end of next year, and then increase production in 2026 to begin delivery to external customers.
The humanoid robot Optimus is working at the Tesla factory.
Optimus robots are an important part of Tesla's future business model. Musk expects that Optimus will significantly improve the production efficiency of Tesla factories in the future and is expected to occupy a place in the global labor market. In addition, in the collaborative application scenario of Tesla's "robot+electric vehicle", humanoid robots can serve as home assistants, responsible for safety monitoring and home maintenance when car owners are out, and even independently complete the charging and maintenance tasks of electric vehicles.