On the one hand, facing life, on the other hand, facing the economy, Tesla rushed out of the earth directly and ran to Mars. To this end, Tesla CEO Musk commented on the crazy era (Wild? Times! )。
In fact, Musk is still very concerned about Tesla's share price. In 65438+February last year, Tesla's share price exceeded US$ 420, exceeding Musk's privatization offer in 20 18. Musk used to be a social network, huh? …? The stock price is really high, haha!
About half a year later, Tesla's share price has more than tripled. As of Monday's close, Tesla's share price reached 1497.06 USD, with a total market value of about 277.668 billion USD. It once reached 1794.99 USD in intraday trading. The total market value exceeds 300 billion US dollars. Therefore, Tesla is equivalent to 8 GM or 12 Ford, which can be said to be the top spot in the market value of global car companies, leaving Toyota with a market value of172.8 billion dollars far behind.
The latest Tesla is, up and up! Without any hesitation. It is said that in 20 10, when Tesla first issued shares in IPO, it was only 17 dollars. Now it has increased by 88 times, and 20 19 has increased by 30 times. So the growth rate has to say that Tesla's stock is sitting big? X flew directly into outer space.
The interests of all parties make Tesla the focus of discussion all over the world. To put it simply, what Musk is doing now is big news. No matter whether things are good or bad, the final transformation is good. Even if Tesla's AP does not recognize white trucks and the quality of workmanship is questioned, it is a word "up" in the stock. ?
At the opening ceremony of the just-concluded Shanghai 2020 World Artificial Intelligence Conference, Tesla CEO Musk, as a "resident" guest, delivered a keynote speech on ai in the form of remote video, but the speech did not colonize Mars, but all told the latest progress of Tesla. "Since you want to hear about Tesla, I will never keep it." Musk seems to have firmly grasped the hearts of people all over the world.
Sure enough, Musk once again spoke amazingly. Musk said that Tesla is very close to the L5-level automatic driving, which is fully automatic driving. At the same time, he also claimed that he was confident to complete the development of L5 basic functions this year. As soon as this statement came out, it immediately became the focus of debate among major media and entrepreneurs. No matter whether Musk was bluffing or not, he had to reach L5! It is also the end of the year! This kind of "madness" can only be said by Musk.
But when you think about it, the "madness" in Musk's mouth seems to have been realized one by one. It can be said that Musk's "entering the ground" is all occupied. Civil rockets, underground tunnels and electric cars, Musk presented all his previous "dream talk" to people all over the world. This makes us believe that the L5-class fully automatic driving can only be realized by Musk's Tesla, so such an incredible "wild talk" in the circle has become Tesla's "good" news. It must be said that Musk is indeed the focus in people's eyes at this stage.
And not just the benefits of autonomous driving. Tesla's global charging pile network has recently reached a new milestone, with 2,000 fast charging stations and 6,543,800 charging pile equipment. Earlier, Musk said on Twitter that the usage of super charging piles in North America had reached the peak before the epidemic, and China and the Asia-Pacific region as a whole performed well.
More convincing support comes from Tesla's gradually "stabilized" production and sales data. According to Tesla's official data, in the second quarter, Tesla produced more than 82,000 electric vehicles and delivered about 90,650 vehicles, which was higher than Wall Street's estimated 830,765,438+0,000 vehicles, including Model? 3 and model? Y is the main delivery model, with a total of 80,050 vehicles delivered. Tesla said in April, Model? Y is profitable, which means that for the first time since its establishment, the new car can be profitable in the first quarter of delivery.
At the same time, in China, the most powerful market in Musk's eyes, according to the data of the association, Tesla's sales share in the pure electric market reached 23% in June, while Tesla still grew purely in the second half of the year. The electric vehicle market in the second half of the year will be significantly higher than that in the second half of last year, and last week, Tesla just started the reservation service of the electric pickup truck CyberTruck in China.
At the same time, Tesla is trying to ensure the sales momentum by cutting prices. From late May to now, Tesla has launched Model in the United States? S and Model? X reduces the price by $5,000. Change the model? 3 Reduce the price by $2,000. What model? After two sharp price cuts, the starting price of the Y-long battery life version has dropped below $50,000.
At the same time, Tesla is also expanding its global territory to support its ambitious sales ambitions. In the document submitted to the US Securities and Exchange Commission (SEC), Tesla disclosed that the production capacity of the fremont plant has been successfully restored to the level before the suspension of production, so the output of Tesla electric vehicles in the third quarter of this year is expected to exceed 6.5438+0.5 million. In addition to the Shanghai factory, which is in full swing to promote the second phase of the project, Tesla's Berlin super factory has finally obtained special approval from the government. Once completed, Tesla's total production capacity is expected to exceed 654.38+0 million.
In addition, the construction of Tesla's Austin, Texas factory has also been put on the agenda. The second car factory and the first pickup truck factory in the United States will be built there, and the government will provide tax relief for them. It is estimated that Tesla will save more than $50 million in the next 65,438+00 years.
On 15, Musk (Elon? Musk) posted another picture of a super factory in Zhang Bailin on Twitter. After entering July, the construction of Tesla Berlin Super Factory began to accelerate, and the first batch of reinforced concrete slabs arrived at the factory last week. This time, Musk is "happy" again.
Let's go back to the "crazy" stock of Tesla. In the past three months, Tesla's share price has risen by 140%, while in the past year, its share price has soared by 480%.
Such a large increase has made Tesla the company with the largest number of short positions in the US stock market. Recently, many short positions have been forced to close their positions and conduct large-scale short covering. If Tesla's share price rises further, it will trigger more rounds of short covering. Since the beginning of this year, the soaring share price of Tesla has caused losses of $654.38+08 billion to short sellers. It is no exaggeration to say that short sellers are "shot in the head".
During this period, Musk's personal wealth also reached a new peak. According to Bloomberg? According to quint's data, Musk's net worth has reached $70.5 billion, surpassing not only Buffett, but also China's richest man Ma, founder of Oracle Bone Inscriptions and founder of Google sergey brin.
Interestingly, Buffett and Musk's investment ideas have "violently collided" many times, and neither side is satisfied with either side. Buffett abides by the moat theory and doesn't invest much in technology stocks except Apple. Musk, on the other hand, believes that the "moat" theory has long been out of date, and the subversive innovation brought by technology stocks is the main line that investment should grasp.
At present, Musk's worth mainly comes from Tesla's tradable shares, and another company under his name, Space Exploration Technology, has also contributed about 654.38+05 billion US dollars to Musk.
The start-up funds of Space Exploration Technology Company and Tesla all come from Musk's personal assets. During the financial crisis in 2008, in order to save Tesla from bankruptcy, Musk injected $40 million into Tesla twice. In the same year, space exploration technology company also suffered the failure of Falcon 1 rocket launch. Before winning the order from NASA, Musk used to live on loans. ?
12 years later, even though he has become the seventh richest man in the world, Musk's concept of wealth is still somewhat special. In May of this year, Musk said that he would no longer own real estate. He believes that assets are a burden, wealth will crush people, and only what is truly valuable will he keep. So he began to deal with his personal property and sold his 10 property within two months, totaling hundreds of millions. At the same time, he also revealed that the realized cash flow will be invested in Tesla and Space Exploration Technology Company to maintain normal operations. Dreamers and doers seem to be vividly reflected in Musk.
But even if Tesla is beautiful now, risks and crises will be closer to it. "When a stock rises sharply-43% in five or six days-it only happens before the stock crashes." Miller, an investment institution? Matt, Chief Market Strategist of tabak? Maley said, "If a company develops a COVID-19 vaccine, it may rise by 43%, but stocks that rise like Tesla are all bubbles."
John Others (John? Authers) also wrote an article commenting that the current market valuation of Tesla is based on the assumption that the company can monopolize the new energy vehicle market. With the continuous development of electric vehicles, Tesla's "big technology bubble" will burst one day.
Imagine that Toyota's global sales in 20 19 were10.49 million, while Tesla's annual sales were only 360,000, even a fraction of Toyota's. But now Tesla accounts for 27.5% of the market value of the entire automobile industry, while Toyota only accounts for 16% and Volkswagen only accounts for 7.5%. At the same time, Tesla's revenue is only 0.4% and its profit is close to 0%. Such "wonderful" data can't help but make a lot of airdrops strengthen the pessimism about Tesla.
But why is Tesla so sought after by global institutional funds? It is because everyone regards today's Tesla as the apple 10 years ago. Ten years ago, Apple was just a small company in front of Nokia and Motorola, but Apple led the frenzy of smart phones replacing traditional mobile phones. Today, Apple's market value ranks first in the world, reaching $65,438 +0.57 trillion. Today's Tesla is leading smart electric vehicles to replace traditional fuel vehicles, just like Apple.
At present, the penetration rate of electric vehicles is only 5%. In the next decade, electric vehicles will be on an equal footing with fuel vehicles, so the market gives Tesla such a high valuation, not looking at the past and the present, but seeing the electrification, intelligence and digitalization of the automobile industry in the next decade.
In fact, as a company striving to break even, there is still a long way to go. There are too many people who question the first market value now. No matter who you compare with, Tesla seems to be the humble little brother. Therefore, the summit of Tesla's market value is only a small part of it. As for whether it can always be the first, it depends on the subsequent performance.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.