A series of records were produced. As of August 21, Beijing time, Tesla has reached a new high, with a closing share price of US $2001.83 and a market value of more than US $373 billion. It is firmly the world’s largest auto company by market value. It seems that the uproar of car collection in China has not affected its stock price crazy performance at all. < / P > < p > we can feel the speed more from the dimension of time. On January 21, 2020, Tesla’s market value exceeded $100 billion for the first time; on July 1, Tesla rose to $200 billion; on July 13, Tesla’s market value broke through $300 billion for the first time; now in August, Tesla’s share price is still soaring < / P > < p > as the largest shareholder of Tesla, Elon Musk’s fortune has also risen to more than $84.8 billion, thus surpassing Bernard Arnott, the French luxury tycoon and chairman of LVMH group, to become the fourth richest person in the world. < / P > < p > but in 2019, musk is far less than it is now. After breaking through the bottleneck of production capacity, Tesla immediately faced the dilemma of weak demand. Privatization of enterprises, mass production of 500000 yuan in 2019, online 10000 yuan, closing stores and layoffs A series of “farce” pushed musk to the forefront of public opinion again and again. At the beginning of this year, the sudden epidemic delayed the progress of vehicle construction, and it was not until May that Tesla factory fully resumed work. Fortunately, both Tesla and musk survived. < / P > < p > the “price reduction gate” event of Tesla in 2019 mentioned above can be regarded as the turning point of Tesla’s business. After breaking through the bottleneck of production capacity, Tesla’s first task is to boost its performance. Tesla’s series of moves in the early 19’s was more about boosting sales data and investor confidence. In 2018, Tesla’s revenue was $21.46 billion, of which 69.3% came from the United States and 8.2% from China. As Tesla’s second largest sales market, the European market is not so optimistic. Tesla’s European sales business declined sharply in January and February 2019, with a year-on-year decrease of 40% and a month on month decrease of 63%. At this time, it is crucial to win the hearts of Chinese consumers. < / P > < p > China has always been the place where auto companies have to compete. Who is not envious of the sales of hundreds of thousands or millions of motor cars of Volkswagen, Toyota, GM and other brands in China? Can musk, a gifted entrepreneur, miss the fat? < / P > < p > as the “old net star” in the electric vehicle industry, Tesla has the image of “high-end atmosphere and high-grade” in the minds of Chinese consumers. Even if the price reduction door lets innumerable car owners complain, it does not prevent a new group of users from liking Tesla and shouting “Zhenxiang”. In the second quarter, Tesla reported a second quarter net profit of $129 million, which has been profitable for four consecutive quarters. Under GAAP, Tesla Q2 achieved revenue of $6.036 billion, down 5% year-on-year, far higher than the expected revenue of $5.4 billion. In the first half of this year, the global sales volume of Tesla Model 3 exceeded 142000 units, of which the sales volume of model 3 in China accounted for 33% of its total global sales. < / P > < p > Tesla’s rocket ride from the abyss of business to the sky must have the help of Chinese consumers’ crazy scavenging (Q2 net profit of 129 million US dollars, diluted earnings per share of US $0.5; in the same period last year, Tesla lost US $408 million, diluted loss per share of US $2.31). < p > < p > according to the data of China Automobile Association, among the luxury pure electric vehicles in July, model 3 actually ranked the second on-line platform, which is enough to show Tesla’s market position in the field of pure electric vehicles in China. According to foreign media reports, the Tesla super factory in Shanghai plans to recruit about 1000 workers. In addition, according to local media reports in Shanghai, the model y plant is currently installing more car manufacturing equipment in preparation for the delivery of Mosely next year. Tesla’s large-scale expansion in China may be in response to the large-scale growth in China’s new energy vehicle market demand, and will further expand Tesla’s dominant position in the Chinese market. According to Dan ives, chief analyst of Wade Bush Securities Co., Ltd., Tesla’s demand in China is still on the rise. The delivery of model 3 is expected to reach 150000 in the first year of production, and the delivery of model y is also on the rise. “Tesla’s growth in the Chinese market has contributed at least $400 per share to the value of its shares,” said wedbush analysts. It is expected that the utilization rate of electric vehicles in China will increase significantly in the next 12-18 months. ” < / P > < p > the strong performance of the Chinese market has undoubtedly given Tesla investors a shot in the arm, and has become one of the boosters of Tesla’s share price skyrocketing. < / P > < p > in addition, I don’t know if you think of old Ma’s “all people Tesla” ambition. Musk hopes that Tesla is a “mass consumer product” that everyone can afford. High end car sales touch the ceiling, and it is imperative that medium and low-end models boost sales. After mass production, Tesla must expand sales to further open up its business map. In the Q2 conference call, musk also released good news, saying Tesla Shanghai plant expects to achieve 80% localization of parts by the end of this year. In other words, Tesla will be cheaper! It is only a matter of time before domestic Tesla sells well and Tesla’s share price rises. Naturally, Musk’s value will continue to rise. < / P > < p > Dan Ives also mentioned that important news will be sent out in the near future “battery day” of Tesla. If Tesla can solve the long-standing headache of self-developed battery production problem, the stock price still has the potential to further improve. < p > < p > Q2 Profit is very important for Tesla. After four consecutive quarters of earnings, Tesla is qualified to join the S & P 500 index. Those funds that manage trillions of dollars and track the S & P 500 index will be “forced” to buy Tesla’s shares to avoid errors in tracking the index’s performance. Once Tesla joins, the index fund must allocate assets according to the new weight, so as to keep up with the index, otherwise it will lose the significance of index fund. As a result, Tesla’s share price broke through the key resistance level of $1000 and rose to a box shaped shock between 1300 and 1600. Gerry O’Reilly, a fund manager at Vanguard Group, said: “assuming Tesla is included in the index, it will be the subject of a single person trading.” Adam Jonas, an analyst at Morgan Stanley, believes Tesla will rise to $2500 in 12 months under the most optimistic expectation. Of course, due to the dramatic stock price of Tesla, many analysts are also bearish on Tesla. However, this does not suppress the impulse of investors to buy Tesla shares. Shortly after the Q2 financial report was released, robintrack, an analysis website, said that nearly 50000 investors had bought Tesla shares in their investment app alone. < / P > < p > in the short term, there was also news of the 1:5 split of the existing outstanding shares announced on the 11th, which will take effect after the closing of US stocks on August 28. That means the total value remains the same, but the share price is five times cheaper. Historically, stocks with high stock prices have always attracted a large number of buyers, especially star high growth stocks. Analysts believe that Tesla split will attract a large number of small and medium-sized investors to enter. As a result, the stock price broke through the key resistance level of $1600. Since the announcement, Tesla has gained 33% in the past four trading days. < / P > < p > Tesla’s rapid development has also led to the global new energy vehicle industry. The new force of China’s car making has been booming in recent half a year. The stock price of Weilai has broken the new record since it was listed. In June and July, the stock price of Weilai has tripled. Xiaopeng auto has also submitted IPO documents. Evergrande has just launched six concept cars, with a market value of more than HK $300 billion, which is higher than the market value of China’s parent company Evergrande. BYD has surpassed SAIC Group and become the car company with the highest market value of a shares … In addition, China’s automobile supply chain has benefited a lot. The gradual improvement of localization of Tesla Shanghai factory has led to the upstream and downstream automobile supply chain industry, from body, chassis components, interior and exterior accessories, to power and electronic circuits. As a result, a number of “Tesla concept stocks” have been formed. The unique phenomenon of Tesla rising and falling in the evening of Beijing time (that is, the daytime of American Eastern time), and the “Tesla concept stocks” of a shares on the next day follow the rise and fall. The secret grand plan of Tesla released by musk in 2006 is enough ahead of time, but his “Crazy” remarks are gradually becoming reality. < p > < p > for more than a decade, Elon Musk has been strictly following his secret grand plan: Tesla subverts the mode of travel, SpaceX opens the era of commercial manned spaceflight, and various projects such as the boring company, SolarCity, Starlink, neuralink, etc. These futuristic concepts amaze the world. Musk always gives people the feeling that he can go to heaven and earth and do everything. Everything he did is related to the future of mankind. For ordinary people, one or two of them is enough to blow for a lifetime. It’s unbelievable that all this happened to him alone. It has to be said that musk does have the capital to be fanatical and pay for it. In terms of the basic function of “master level P >, the basic function of automatic driving has been completed in May. In the Q2 conference call, musk also mentioned full automatic driving (FSD). If so, it would be Tesla’s biggest asset valuation upgrade ever. Mr. musk, who always loves to play tricks, also said that he would discuss the power battery in detail on battery day, and maybe Tesla would enlarge his strategy again. You know, it is Musk’s goal to produce cheaper and cheaper electric vehicles, but the power battery accounts for the highest proportion of the manufacturing cost of new energy vehicles (38%). Tesla’s self-developed batteries can’t be put into use on a large scale, which is also one of the obstacles to further reducing the cost of car building. If Tesla can overcome this problem, you know.