By the end of last night, Tesla’s share price broke through the $2000 mark for the first time. Overnight, Tesla’s market value soared by 23 billion US dollars (about 159 billion yuan), which has exceeded 373 billion US dollars. In other words, Tesla’s market value is equivalent to two Toyota and eight < / P > < p > at the same time, Musk’s wealth is also rising. After becoming the world’s fourth richest man on Monday, Musk’s fortune soared again last night by $4.6 billion, equivalent to about 31.7 billion yuan, and his personal wealth reached 94.6 billion US dollars. < / P > < p > looking at the feast of Tesla, the new forces of domestic car making have a variety of tastes. In 2020, it has become a watershed for the new forces of domestic car manufacturing – some stand firm, others leave in a dark mood. This month, the U.S. stock market is about to gather three new forces in China — Weilai, ideality and Xiaopeng. Three against one, can they end the myth of Tesla? Last night, Tesla’s share price went against the weather again. By the end of the day, Tesla closed at US $2001.83, and its share price broke the $2000 mark for the first time. Overnight, Tesla’s market value soared by 23 billion US dollars (about 159 billion yuan), which has exceeded 373 billion US dollars. Since 2020, Tesla’s stock price has risen by more than 370%, 470% from the March low of $350.51. If you take the timeline a little longer, Tesla’s share price is up a staggering 1030% from its June low of $176.99. At the same time, Musk’s wealth is also rising. On Monday, Tesla’s share price soared 11.2%, making musk worth $84.8 billion, becoming the fourth richest person in the world for the first time. Second only to Amazon CEO Bezos, Microsoft founder Bill Gates and Facebook founder Mark Zuckerberg. Last night, Musk’s fortune soared another $4.6 billion (about 31.7 billion yuan) overnight. Looking back on the past year, Tesla and musk can be called “counter attack”. In June 2019, Tesla’s stock price was once less than $176.99, and its market value was even more than $30 billion. At that time, in Musk’s words, he fell into one of the most painful dark moments of his career. < / P > < p > on the one hand, Tesla is trapped in the quagmire of productivity hell, on the other hand, the frequent spontaneous combustion events make Tesla the target of public criticism. Even after saying good morning on twitter, musk announced his decision to privatize Tesla for $420. At that time, many people thought musk was out of control. Only a few months later, however, musk returned to Silicon Valley’s iron man spirit. Today, Tesla stock is one of the most expensive stocks on Wall Street. Of the S & P 500 companies, only seven have a market value that exceeds Tesla. < / P > < p > on the first day of 2020, musk tweeted, “congratulations to Tesla and SpaceX for a great year of 2019, and look forward to the arrival of” epic “2020.” Tesla then embarked on a fantastic journey: < / P > < p > on August 12, Tesla announced that the board of directors would split its common stock by 1:5 in the form of dividends. On August 21, each investor will receive an additional four shares of common stock per share, which will be distributed after the closing on August 28, 2020. Tesla said the split would make it easier for employees and small investors to acquire Tesla shares. < / P > < p > it is estimated that the value of Tesla’s shares after the split is about $297. As soon as the news came out, Tesla’s share price rose by nearly 7% after the day’s trading. Within a few days, Tesla’s stock price has risen by 45%. In addition, Tesla delivered a surprising second quarter results. According to the financial report, Tesla’s net profit in the second quarter was 129 million US dollars. Under the general accounting standards (GAAP), Tesla Q2 achieved revenue of $6.036 billion, higher than expected. It is understood that this is the fourth consecutive quarter of Tesla’s profit, and the production and delivery of this quarter are also higher than expected. Tesla said that despite several recent production disruptions, it is still close to its annual target of 500000 vehicles. Tesla accounted for 82% of U.S. electric vehicle sales in the first half of this year, according to buy shares. In the first half of the year, Americans bought 87398 electric vehicles, of which 71375 were Tesla. Of course, the key to Tesla’s recovery from last year’s difficulties lies in the Chinese market. China not only helped Tesla build a factory in China to solve the problem of production capacity, but also contributed a large part of Tesla’s sales volume. According to the data, in the first half of this year, Tesla Model 3 sold more than 142000 units worldwide, of which the sales of model 3 in the Chinese market accounted for 33% of its total global sales. In a Q2 conference call, musk said Tesla’s Shanghai plant expects to localize 80% of its components by the end of this year. In other words, the domestic Tesla Model 3 will be cheaper in the future, which will undoubtedly further boost Tesla’s sales in the Chinese market. < / P > < p > it is worth mentioning that Tesla’s new model, model y, is getting closer to China. Recently, according to Tesla executives, Tesla will start the localization of model y early next year, when the “made in China” model y will be offline from Shanghai’s super factory. Musk has previously publicly announced that the model y will become the “volume” model after the model 3, and the global demand is twice that of the latter, which will help Tesla break through million year sales. < p > < p > 2020 seems to be a watershed for the new forces of China’s car making. According to the latest data of the China Travel Association, although the sales volume of Tesla Model 3 fell by 26.35% month on month in July this year, it still ranked first in the sales list of new energy vehicles with the score of 11014. In the top 10, only Weilai ES6 and Weima Ex5, the two new forces of car making, entered the list with sales of 2610 and 1984 respectively. < / P > < p > not only that, Tesla is also speeding up the pace of localization. In order to complete the production of model y, as early as may this year, Tesla started the second stage expansion project of Shanghai factory. The construction of the project is expected to be completed by the end of this year. In addition, according to the recruitment information of Tesla’s Shanghai plant at the end of July, Tesla will expand the recruitment of 970 people, most of whom will be workshop staff, including die-casting, stamping, car body, painting and final assembly. < p > < p > following the 10 billion investment made by Hefei government in February this year, Weilai China, its subsidiary, obtained another 10.4 billion yuan of financing from six banks in July. On the evening of July 30, ideal automobile officially listed on NASDAQ with “Li” as the securities code, becoming the second new domestic automobile company to be listed in the United States. Next, Xiaopeng automobile will also submit an application for IPO in the United States 。 < / P > < p > but only a small number of people can obtain external blood transfusion, and the death tide of new forces of car making is on the stage. Not long ago, the Shanghai Branch of sailin Automobile Co., Ltd. was seized by the court, and Wang Xiaolin, the founder of the company, traveled to the United States. The most surprising thing is that byton motor, after burning out $8.4 billion, announced that it would suspend business operations in mainland China from July 1 this year Obviously, a large number of new forces of car making began to withdraw. < p > < p > Li Xiang, CEO of ideal automobile, has publicly stated that “among hundreds of new car manufacturing enterprises, up to now, they have never defaulted on employees’ wages and never defaulted on suppliers’ payment. There are no more than five of these two most basic and most responsible estimates Wang Xing, the founder of meituan, also predicted in January that there would be only three new forces for car making in China: ideal, Weilai and Xiaopeng. < / P > < p > who will become China’s “Tesla”? According to the latest financial report of Tesla, its revenue will reach 12 billion US dollars (about 84 billion yuan) in the first half of 2020. In contrast, Weilai and Xiaopeng, which have published data, have revenue of 5 billion yuan and 1 billion yuan respectively in the first half of 2020. In other words, between Tesla and Weilai, there is still a gap of 80 Xiaopeng cars. Today, the U.S. stock market is about to gather together three new Chinese automobile manufacturing forces — Weilai, idealist and Xiaopeng. They are going to compete with Tesla in the capital market.