gist
1. Tesla will split its shares, split three in one;
2. Cybertruck plans to begin the first batch of deliveries in mid-2023;
3. Tesla will have 10-12 gigafactories around the world in the future. Each factory has an annual production capacity of 1.5 to 2 million vehicles, and will deliver 100 million vehicles in the next 10 years;
4. At the end of this year, Tesla will announce the site selection for the new gigafactory;
5. Inflation at this stage has already passed its peak period, and it is expected that there will be a slow correction in the next 18 months (Tesla car prices will drop as a result);
6. Musk said that unless there is a special accident, he will continue to be at Tesla as long as it still has a role;
7. Tesla has already manufactured more than 3 million cars;
8. The ModelY will be Tesla's highest-grossing car this year, and it will also be the car with the highest sales volume next year.
Q&A session
Qi: How does Tesla plan to use cash in the next few years?
A: We added capex, stock buybacks, dividends, or acquisitions. Tesla actually has very few acquisitions. The Solarcity acquisition was the only real big acquisition. We did it; the next biggest one was TeslaGroman. However, compared to other companies, Tesla actually only used a very small portion of its shares for the acquisition.
The vast majority of our growth. Basically, 90% of our growth is organic.
I think this is actually a good thing. But if we see a funny guy...