ps1crash| Nearly a thousand people protested, another accident occurred at Tesla's German factory! During the year, the stock price fell more than 32%, and the market value evaporated by 1.85 trillion yuan

There is another accident at Tesla's German factory!

According to CCTV News on the 12th, nearly 1,000 protesters gathered outside the Tesla super factory in Glenhead, Brandenburg, Germany, on May 11 local time. Oppose Tesla's proposed expansion plan.

The protest began on the 8th of this month. The Tesla factory in Germany had previously submitted to the government of GlenheadPs1crashThere was a plan to expand the plant, but local residents thought that the expansion project would pollute the water source, so they held a demonstration and asked the municipal government not to approve the expansion plan.

Tesla of the United States said on March 6 that the electric car company's "super factory" in Germany would stop production until March 17, longer than previously expected. The day before, the only Tesla factory in Europe was forced to stop production because of damage to its power supply line, resulting in an estimated loss of hundreds of millions of euros.

On March 5, local time, someone is suspected of setting fire to a high-voltage line near Tesla's factory in Berlin, Germany, causing power outages at Tesla's only manufacturing plant in Europe, and Tesla was forced to stop production at the German factory. "in the early hours of the morning, there was a power outage on the public power grid due to suspected arson attacks, resulting in a halt to production," said a statement from Tesla. "

Tesla said on March 6 that the electric car company's "super factory" in Germany would stop production until March 17, longer than previously expected. However, Musk posted on March 13 that Tesla's super factory in Berlin had resumed operation and thanked employees for their support.

Andre Tilig, director of Tesla's German factory, once said that during the shutdown, more than 1000 cars a day could not go offline, "which means a nine-figure loss to us." The left-wing extremist group Volcano said on the 6th that they were responsible for the arson on the 5th. The group claimed that the Tesla factory affected the environment and local water supplies and that there was "extreme exploitation". The existing staff of the factory is about 1.Ps1crash250000 people.

According to Tesla's financial report for the first quarter of 2024, Tesla realized operating income of US $21.3 billion in the first quarter of 2024, down 9% from the same period last year. This is Tesla's first quarterly revenue decline in nearly four years. Tesla's net profit in the first quarter was 11.Ps1crash.29 billion US dollars, down 55% from the same period last year.

In terms of car sales, Tesla delivered 386800 new cars in the first quarter of 2024, down 8.5% from the same period last year, including 370000 Model 3 and Model Y and 17000 other products. From the perspective of the Chinese market, Tesla's sales in China fell to only 133000 vehicles in the first quarter of 2024, a year-on-year decline.

Tesla attributed the decline in sales to "force majeure": first, the outbreak of the Red Sea crisis interrupted Tesla's parts supply and temporarily suspended production at his factory in Berlin.Ps1crashSecond, in March, German environmental activists set fire to infrastructure near the Berlin plant, causing the Tesla plant to lose sufficient operating capacity and once again leading to production stoppage; finally, after the Model 3 upgrade, the Fremont plant in California was still in the early stage of capacity climbing, affecting Tesla's production and sales.

The financial report also shows that Tesla's calculation of artificial intelligence training related to autopilot has increased by 130%. At present, Tesla already has millions of vehicle data and massive AI training clusters to achieve large-scale autopilot, and will continue to expand the scale. This means that Tesla is also on AII in autopilot, and the development of his artificial intelligence technology is entering the stage of full speed.

In the first quarter of 2024, Tesla said he would speed up the introduction of more affordable models. Musk said on the earnings call that low-cost models are expected to be on the market in early 2025, even in late 2024. "that will be quite fast." The next generation of product lines will be based on existing production lines and will not require the construction of new factories.

In addition, Mr Musk released a full email on April 15, setting Tesla's global layoffs at 10 per cent. Some analysts believe that the annual wave of layoffs is Tesla's "routine operation". Due to the rapid growth of employees, Tesla will fire some employees with poor performance to improve the overall efficiency of the enterprise.

Tesla (TSLA;: $168.470; total market capitalization: $537.3 billion) has fallen more than 32% so far this year, losing $255.1 billion, or about 1.85 trillion yuan, to its market capitalization.