AutoBeta(AutoBeta.net)01/30 Report--

As novel coronavirus's pneumonia continues to spread every day, a large number of anti-epidemic substances are in shortage, many aspiring people and enterprises have to lend a helping hand. Tesla announced on his official Weibo today that he will donate 5 million yuan in special funds to help the Chinese government support the Centers for Disease Control and Prevention and other institutions in response to the epidemic.

As a matter of fact, as early as January 28th, Tesla has already pushed the notice of free charging of all series of vehicles at super charging stations to domestic car owners. According to the notice exposed by the car owner, from now on, Tesla will temporarily open all vehicles to charge free of charge at super charging stations until the epidemic is lifted. At the same time, Tesla also said that after the outbreak is over, the owner will be informed again that the vehicle will return to its original configuration.

Tesla is currently equipped with Tesla's supercharging stations in more than 140 cities in China, and Tesla had deployed more than 2200 super charging piles nationwide by the end of last year, according to official data.

However, as more and more car companies add to this donation campaign, many netizens feel that Tesla is only liberalizing the use of supercharging for free, which seems somewhat insincere, because Tesla's sales have been rising since he built a factory in China and completed delivery. and led to a sharp increase in its performance and stock price in 2019, since the domestic market has encouraged Tesla, maybe he should be more sincere.

According to Tesla's fourth-quarter 2019 results, revenue in the fourth quarter was $7.38 billion, up 2 per cent from a year earlier, while net profit was $105 million, down 25 per cent from a year earlier. For the whole year, Tesla realized total revenue of US $24.578 billion, and the market is expected to reach US $24.47 billion, compared with US $21.46 billion in the same period last year, an increase of 14.6% over the same period last year. The net loss for the whole year was US $862 million, compared with a loss of US $976 million in the same period last year, narrowing the year-on-year loss.

Moreover, the rising performance has led to a sharp rise in Tesla's share price, which recently closed at US $580.99, with a total market capitalization of US $104.72 billion, making it the second largest automaker in the world by market capitalization, exceeding the market capitalization of Volkswagen Group and even more than the market capitalization of General Motors and Ford combined. Such performance has a lot to do with the realization of production and delivery in China.

Under the pressure of public opinion, Tesla once again announced through the official on the afternoon of January 30th that as COVID-19 's epidemic prevention and control work affected everyone's heart, Tesla would donate 5 million yuan in special funds to help the Chinese government support the CDC and other institutions to deal with the epidemic. At the same time, China has allocated a budget of 5 million yuan to subsidize car owners' free use of supercharging stations during the epidemic. I hope to overcome the difficulties and challenges with you in this special period.

In addition, Tesla said by teleconference today that under the influence of novel coronavirus, Tesla's new Shanghai factory has been temporarily closed at the request of the Chinese government, and the production of the domestic version of Model 3 will be delayed by a week and a half. Although this measure will also affect the production of domestic Tesla Model 3. But Zach Kirkhorn, Tesla's chief financial officer, said the shutdown had only a slight impact on the company's profitability in the first quarter of 2020, as Shanghai production of Model 3 accounted for a very small proportion of the company's quarterly profits. Affected by novel coronavirus's pneumonia, a number of car companies, including Toyota, Renault, Dongfeng and Skoda, have announced delayed production plans. As a matter of fact, donation is only a just performance for a car company, and it should not be criticized as "moral kidnapping". Donation is not a competition, and the amount does not matter how much, because the truth is priceless. At present, a number of car companies have donated more than 600 million yuan.

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