Ielts Academic Writing Task 1 Sample 14
You should spend a maximum of 20 minutes on this task. Write about the following topic:
The image provides information about the total gross margin of Tesla from Q1 2021 to Q2 2024.
Summarize the information by selecting and reporting the main features, and make comparisons where relevant.
You should write at least 150 words.
The graph presents Tesla’s gross profit margins and vehicle deliveries from Q1 2021 through Q2 2023, with both metrics displayed on dual axes – percentages for profit margins and unit numbers for deliveries.
Tesla’s gross profit margins demonstrated consistent growth throughout 2021, ascending from approximately 21% in Q1 to reach a peak of 29.1% in Q1 2022. This period coincided with steady increases in vehicle deliveries, which rose from roughly 200,000 to 300,000 units quarterly.
Following the peak, profit margins exhibited a declining trend through 2022 and into 2023, despite delivery volumes maintaining an upward trajectory. By Q2 2023, margins had decreased to 14.6%, marking a significant reduction from the previous year’s highs, while deliveries approached 450,000 units.
The data indicates an inverse relationship between delivery volume and profit margins from 2022 onwards, suggesting potential pricing pressures or increased operational costs as production scaled. This trend reflects the challenges of maintaining high profit margins while pursuing market share expansion and increased production volumes.