According to foreign media reports, Tesla had a good record in China last year, with revenues reaching three times that of 2015 and surpassing $1 billion. Musk believes that China may eventually become Tesla's biggest "ticket."
Last year, Tesla's global revenue exceeded $7 billion, and China's exclusive market accounted for 15%. However, its home market in the United States was even stronger. Tesla's revenue here doubled to $4.2 billion.
After entering the Chinese market in 2014, Tesla experienced a lot of ups and downs. They had experienced delays in delivery and suffered from the scalper party. The lack of popularity of dedicated charging piles has also discouraged many potential buyers. In 2015, Tesla's sales in China fell by a third.
In order to solve the problem of a small number of dedicated charging posts, Tesla said that the adapter will be introduced to allow users to charge on ordinary public charging posts.
Last year, Tesla acquired SolarCity and subsequently laid off the company. About 3,000 people eventually left SolarCity. Although Tesla has transformed into an energy company, the electric vehicle business still accounts for 97% of the company's revenue. As for how to revitalize other businesses, it is necessary to look at Musk's next move.
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