On July 21, 2022, Tesla released its second quarter financial report for 2022. Financial report data shows that Tesla has made profits for 12 consecutive quarters and achieved an industry-leading operating profit margin of 14.6% in the second quarter. In addition, Tesla's positive free cash flow in the quarter reached US$621 million, and set a new single-month production record in June.
Tesla mentioned in its financial report that the Shanghai Super Factory withstands multiple pressures such as production restrictions and shutdowns, and jointly set the highest monthly output record in history with the Fremont factory. At the same time, the production capacity of Berlin Super Factory and Texas Super Factory continues to climb, and the four major factories work together to hit higher targets in the second half of the year.
Tesla's Shanghai Super Factory resumed production with full power, showing the strong resilience of "China's Intelligent Manufacturing". On the conference call, Musk specifically said: "At present, the best Chinese electric car manufacturer at present is actually Tesla China, which cannot be separated from our excellent Chinese team. I personally admire manufacturers from all walks of life in China, especially electric car manufacturers. They dare to participate in global competition, and are also very smart and hardworking. Anyone who is not as competitive as them will decline. In short, we admire Chinese manufacturers very much and respect their abilities more."
Recently, the Shanghai Super Factory has upgraded its equipment and further improved its production efficiency. According to data from the China Passenger Car Association, in June 2022, Tesla's Shanghai Super Factory once again set a record with its monthly sales of 78,906 vehicles. In the first half of the year, Tesla's Shanghai Super Factory produced nearly 300,000 cars, and the six-year delivery volume has accounted for more than 60% of the annual delivery volume in 2021. Tesla China's "acceleration" is exerting its positive impact on the industry with its strong resilience. It not only makes every effort to ensure delivery and actively resume exports, but also stabilizes the upstream and downstream supply chains, providing a positive and stable working environment for more than 100 domestic enterprises and hundreds of thousands of workers.
In addition, the development of Tesla's fully autonomous driving capabilities (FSD) ushered in a new milestone. As of the end of the second quarter, more than 100,000 Tesla owners have used the fully autonomous driving capability (FSD) beta function in North America. Through the mileage accumulated by car owners using urban road conditions under supervision, they continue to grow at an unprecedented scale, continuously accumulate fleet data, improve and expand the system.
In other business aspects, in the second quarter, the market demand for Tesla's energy storage product Powerwall continued to increase, and the factory producing Megapack is climbing production capacity and actively responding to challenges in semiconductor supply and other aspects. At the same time, Tesla's solar installed capacity increased by 25% year-on-year to 106 MW, which is also its strongest quarterly results in four years. Tesla is promoting business growth by expanding its supplier system, and the solar installation team is also constantly improving installation efficiency, achieving higher installation volume and more considerable economic benefits.
data shows that between 2012 and 2021, Tesla's solar panel power generation has exceeded the total power consumption of Tesla vehicles and factories, and these clean energy is enough to charge every factory and every Tesla vehicle.
In China, in the first half of this year, Tesla owners used Tesla charging network to travel more than 2.8 billion kilometers, a year-on-year increase of 61%, equivalent to more than 70,000 circles around the earth, achieving carbon dioxide emission reduction of more than 650,000 tons, planting more than 1.3 million hectares of forests for the earth. As of the first half of 2022, Tesla has built and opened more than 1,200 super charging stations and more than 700 destination charging stations in mainland China, covering more than 370 cities and regions, making charging a truly lifestyle.
