Shulou(Shulou.com)11/24 Report--

On September 13, Martin Martin Viecha, head of investor relations for Tesla, was invited to attend a technology conference held by Goldman Sachs on Monday local time to introduce Tesla's development plans for the next five years to the investors.

Vicha stressed that the manufacturing cost of each electric vehicle will continue to fall. He first talked about two major themes that are crucial to Tesla and the electric vehicle industry as a whole over the next five years: battery supply and technology, and the cost of making cars.

'car manufacturing will eventually grow as fast as the battery industry,'he said. This will affect the manufacture of batteries and battery packs, as well as the design of batteries and the extraction of lithium, nickel and other raw materials.

Vicha, "the third Revolution of the Automobile Industry", stressed that the manufacturing cost of each electric vehicle is the most important monitoring indicator in the next few years. 'This will eventually lead to how many cars the car company can produce and how large it can grow,'he said.

In 2017, Tesla cost an average of $84000 per electric vehicle. In recent quarters, the cost per car has fallen to $36000. The decline in costs is hardly due to lower battery costs. On the contrary, Tesla has benefited from better car design and newer factory design, making car manufacturing easier and easier.

Vicha added that Tesla's first car manufacturing plant in Fremont, Calif., near Silicon Valley, was not a good place to build cars. Factories in places such as Shanghai and Berlin, Germany, are cheaper to make, he says.

Tesla hopes that the manufacturing cost of each electric vehicle will continue to fall.

The Fremont plant in California accounts for about half of Tesla's total car production. Vicha said that as the new plant produces more electric cars, the production cost per car will be less than $36000, which will help improve the company's profitability.

Vicha believes that in the 120 years of the development of the automobile industry, the automobile industry has experienced only two major revolutions. He explained that one was the advent of the Ford Model T, and the other was the cheap mode of production created by Toyota in the 1970s.

"the internal architecture of electric vehicles is completely different from that of fuel vehicles and will bring a third revolution to the automobile industry," Visa said. "

Cheaper Tesla electric car? Asked if it was possible for Tesla to produce a cheaper electric car, Visa said the company eventually hoped to produce a more affordable electric car. He explained that if a company wants to produce more, it needs a product portfolio that covers a wider audience, and Tesla needs to provide cheaper car products before the company's self-driving taxi service goes online.

He said that the market demand for Model 3 and Model Y electric cars was stronger than expected, so Tesla's motivation to launch new models decreased in a short period of time.

"the Model Y will basically be the best-selling car in the world's history next year," Visa added, taking into account rising costs at the Fremont plant in California and the shrinking car rental business.

"this is an important sales lever that we have never encountered, but it may boost demand in other ways in the future," Visa said.

The topic of discussion about the future of Tesla's fully autopilot software shifted to Tesla's fully autopilot (FSD) software service. About 100000 people use a beta version of FSD that drivers can intervene on the streets of American cities, Visa said. He expects that according to the data seen by Tesla, this beta version of FSD will be extended to all Tesla cars on US roads by the end of this year. Vicha stressed that this is a "supervised autopilot" system, and drivers still need to pay attention to road conditions, otherwise they may not be able to use the service.

Vicha said Tesla can collect more data from driver interventions, help solve autopilot problems and improve the system through software updates. He added that this iterative process will eventually enable Tesla to achieve full autopilot.

"We firmly believe that large-scale data collection and artificial intelligence are the only way to solve the problem of fully autopilot," Visa said. "this is the way we are going."

Visa described Model X and Model S as Tesla's first-generation platforms, while Model 3 and Model Y were second-generation. He explained that self-driving taxis are the company's third-generation platform.

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