Musk gave everyone benefits again.

On November 25, Tesla cleared goods at the end of the year. The official Weibo announced the launch of a "limited time delivery and final payment reduction" policy to reduce the price of its global best-selling model, the Model Y.

Model Y is a global promotion!

Tesla's official website shows that as long as car owners order and complete delivery from November 25 to December 31, the final models of the Model Y rear-wheel drive version and long-life all-wheel drive version will be reduced by 10,000 yuan, starting at 239,900 yuan.In addition, this car purchase also applies to a five-year zero-interest financial plan, with a down payment of 79,900 yuan and a monthly supply starting from only 2,667 yuan. It can be said that it is full of sincerity.

As we all know, the Model Y is Tesla's star model.According to data from the Passenger Transport Association, in the past mid-October 2024, Tesla Model Y sold more than 36,000 fruit milk units. In 2024, the cumulative domestic sales exceeded 373,000 units, continuing to rank as the best-selling new energy model in China.At the same time, throughout October, Tesla's domestic sales exceeded 40,000 vehicles, a year-on-year increase of 41%.Huge demand fed back production capacity. In October, Tesla's Shanghai super factory delivered a total of 68,280 new cars.

In addition, the Model Y is also one of the few new energy models that can receive major OTA upgrades.The Model Y's own appearance upgrades such as AI4, multi-color atmosphere lights, remote airbags,"fast silver" car paint, and 19-inch Gemini wheels have already gained market recognition, not to mention the continuous OTA Under the remote software upgrade, Model Y is still constantly updating the latest features.There are even rumors that Tesla's FSD full body may enter China next year, which is another big plus for existing car owners.

In addition to China, the global promotion of Model Y is also continuing.However, in other regions other than China, Model Y promotions are more focused on functionality than price.For example, in the United States, if Tesla is also picked up before the end of the year, the company will also provide 3 months of free overcharging and FSD functions; in Europe, car owners who pick up cars before December 31 will not have a price discount, and instead it is a year of free overcharging service.

After the price cut, China's Tesla car market continues to maintain its title as a global "price depression."According to statistics, Tesla cars sold in China can sell for an average of about 185,000 yuan lower than other markets.

Tesla's mania hits, and its share price has soared by about 40% since the election

On the one hand, Tesla cut prices to earn enough attention, and on the other hand, Musk's price soared in just 20 days.

It is understood that since the U.S. presidential election on November 5, Tesla's share price has risen by about 40%, and Musk's personal wealth has increased by about US$83 billion, or approximately RMB 601.4 billion, over the same period.As the "number one hero" of Trump's election, Musk has also become the number one beneficiary of the "return of the King of Understanding".Sources say that the new White House team has put a "federal framework for building fully autonomous vehicles" on the agenda, which is undoubtedly a big plus for Tesla.

According to the financial report, in the third quarter of 2024, Tesla achieved revenue of US$25.182 billion, a year-on-year increase of 8%; net profit was US$2.167 billion, a year-on-year increase of 17%; gross profit margin increased to 19.8%, a year-on-year increase of approximately 2 percentage points; After deducting profits from other businesses and carbon credits, its automobile gross profit margin was also as high as 17.1%.Its net profit and gross profit margin levels far exceeded market expectations.

In terms of sales, Tesla's global electric vehicle deliveries in the third quarter of 2024 were approximately 463,000, setting a new high for quarterly delivery in 2024.During the same period, Tesla ushered in the world's 7 millionth complete vehicle rolling off the production line on October 22.

After the earnings report was announced, Musk also gave very positive expectations.He said that barring a major negative event, Tesla's car sales in 202 will increase by 20% to 30%.

For Tesla's future outlook, the market also gives optimistic prospects.Gene Munster, a well-known technology analyst and managing partner of Deepwater Asset Management, said that by the end of the decade, Tesla's operating profit will increase significantly, possibly by 10% to 155%, depending on Tesla's adoption. Which model is it?

Under the asset-light model, Tesla will account for 30% of the driverless driving market by 2030, and the driverless business will contribute 40% of Tesla's operating profit; while under the asset-heavy model (similar to Waymo's driverless fleet model), Tesla's operating profit will increase by 62%.