Xu Changming revealed: Tesla's bicycle profit is 8.5 times that of BYD

According to news on July 6, at the China Automobile Forum, Xu Changming, deputy director of the National Information Center, said that Tesla Motors’ average profit per vehicle has reached 10,426 US dollars (approximately 75,589 yuan). According to reports, Tesla has reduced the price by 30,000 yuan, and if they continue to reduce prices, there is still 40,000 yuan left.

Xu Changming pointed out that Tesla’s high profits are attributed to the global delivery volume of 1.31 million vehicles last year, and it is expected that the delivery target will be increased to 1.8 million vehicles this year, which may further promote cost reduction. Tesla meets people's needs for a better life with its high-quality products and services. At the same time, it actively fulfills its social responsibilities, plays an important role in stabilizing growth, strengthening confidence and preventing risks, and makes important contributions to the growth of the national economy.

In contrast, Xu Changming mentioned that BYD’s bicycle profits are relatively low. It is understood that BYD's bicycle profit was only 8,854 yuan last year, a gap of 8.5 times compared to Tesla.

In order to maintain good automobile market order, the China Association of Automobile Manufacturers and 16 mainstream automobile companies jointly signed the "Automotive Industry Commitment to Maintain Fair Market Order." According to the content of the commitment letter, each enterprise will abide by industry rules and regulations, standardize marketing activities, maintain the order of fair competition, and will not disrupt the order of fair competition in the market with abnormal prices. In addition, companies will pay attention to the methods and methods of marketing and publicity to ensure that the publicity is not exaggerated or false to avoid misleading consumers. They will also carry forward the spirit of craftsmanship and meet people's needs for a better life with high-quality products and services. Enterprises will actively fulfill their social responsibilities, make important contributions to the growth of the national economy, and advocate the promotion of socialist core values.

These measures aim to jointly create a good consumption environment and stabilize and promote automobile consumption. Companies such as Tesla and BYD play an important role in the industry, providing consumers with better choices and promoting the development of the entire automotive industry by continuously reducing costs and improving product quality. It is expected that as competition intensifies, the automotive market will usher in more changes and innovations.

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