The market value soared, and Tesla exceeded $500 billion for the first time.
On the 24th local time, when the US stock market closed, Tesla's share price was reported at $555.38, up by $33.53 or 6.43% from $5,265,438+$0.85 at the close of the previous trading day.
Based on the closing price on the 24th, the market value of Tesla was US$ 5,264.45, which exceeded US$ 500 billion for the first time, equivalent to about RMB 3.46 trillion.
If you have no idea about the market value of manufacturers, we might as well compare several companies. Tesla's current market value is 2.26 times that of Toyota and 10.07 times that of Ferrari!
According to Barron's Weekly, the market value of the world's top 25 automakers, including Tesla, totaled nearly $65,438 +0.7 trillion, which means that Tesla's market value accounted for nearly 30%.
Garrett Nelson, a CFRA analyst, said in a report on the 24th that Tesla's soaring share price means that it can borrow or finance on more favorable terms than its competitors.
According to the report, it is very important for the company to continue to build new factories and achieve the goal of 40-fold increase in automobile sales in the next decade, that is, from 500,000 vehicles in 2020 to 20 million vehicles in 2030.
Driven by the rising share price of Tesla, the wealth of Tesla CEO Musk surpassed Microsoft founder Bill Gates on the 23rd, ranking second in the world. Since the beginning of the year, Musk's net assets have increased to $654.38+$000.3 billion this year.
The market value of Tesla and the value of Musk are all the flavors of money. ...
The stock price soared. What did Tesla do right?
Not long ago, Tesla released its new quarterly earnings report.
According to the financial report released by Tesla, in the third quarter, Tesla's total net profit income was 8.7765438 billion US dollars (about 57.5 billion yuan), a year-on-year increase of 39%; The net profit attributable to ordinary shareholders was $33 1 10,000, a year-on-year increase of 13 1%, both exceeding market expectations.
So far, Tesla has achieved profitability for five consecutive quarters.
Tesla's profitability continues to turn positive, which is inseparable from its ever-increasing gross profit and gross profit margin. The financial report shows that in the third quarter, the gross profit margin of Tesla's automobile business reached 27.7%, and the overall gross profit margin reached 23.5%, both hitting new highs.
More importantly, Tesla's sales have also ushered in a new wave of growth. The data shows that in the third quarter, Tesla's auto-related revenue was 7.6 billion US dollars, a year-on-year increase of 42%.
In terms of data delivery, * * * delivered 65,438+039,000 vehicles this quarter, a year-on-year increase of 44%. Among them, models? 3 and model? In the third quarter, Type Y accounted for 89% of the delivery, reaching 124438+00000.
Behind the surge in sales, the China market is inevitable. According to the data of the Federation, Tesla Model? The sales volume of 3 ranked in the top two of the list for many months in a row, and in the third quarter, it ranked first in new energy high-end vehicles with nearly 36,000 vehicles.
In the research report, Mo said that Tesla's business model is about to undergo profound changes, and its main source of income will shift from car sales to software and services with higher profits and higher consumption frequency. Morgan Stanley raised Tesla's target price from $360 to $540 per share. It should be noted that Morgan Stanley also lowered the evaluation level of Tesla's market value.
On the technical level, with the innovation of autonomous driving, battery life, car charging and other technologies, Tesla's popularity in the automobile market is getting higher and higher, which has also gained a lot for this brand.
In fact, in addition to the layout of the automobile and traditional automobile sectors, Tesla's current business has also expanded to other fields. For example, Musk recently said in public that Tesla will do air conditioning in the future. Of course, before this, Tesla has launched wine, USB flash drives, charging treasures, stainless steel kettles, children's toys and so on. , quite a bit "doing nothing".
The automobile sector is getting stronger and stronger, and other sectors are developing simultaneously. It is not difficult to understand the popularity of Tesla!
New energy, another export of the automobile market.
Rather than Tesla fire, it is better to say new energy fire!
Judging from the sales data, the sales of new energy vehicles have rebounded significantly compared with last year. Some professionals said that the real outbreak of new energy vehicles will be in the next two years.
Obviously, both new energy automobile companies and upstream and downstream related companies will naturally have better expectations for the future under the background of a good situation and a good trend. On this basis, the performance of new energy sectors such as power batteries, negative electrodes and materials is bound to be bullish.
In addition, from the development trend of the industry, the penetration rate of new energy is not too high at present, and there is still a very broad prospect in the future.
Take the domestic market as an example. As early as before, the state issued the "New Energy Vehicle Industry Development Plan (202 1-2035)" (hereinafter referred to as the "Plan"), proposing that by 2025, the sales of new energy vehicles will reach 20% of the total sales of vehicles, and at the same time, the government will give support to the construction of new energy vehicle charging piles.
According to the Plan, by 2025, the sales of new energy vehicles will account for about 20% of the total sales of new cars, which is estimated to be 5-6 million. By 2035, pure electric vehicles will become the mainstream model of new car sales, so it is inevitable that the new energy market will remain hot.
In fact, in addition to Tesla's surge, domestic new energy brands have also grown well, especially the three new forces that have been listed in the United States!
Since the second half of the year, the share price of the automobile sector has been rising. According to statistics, the market value of 1 1, the three new car-making forces of Tucki, Ideality and Weilai, has soared to 576.9 billion yuan.
A domestic public offering institution said that a new round of gains will continue for some time as domestic new cars push up the demand of C-end and overseas market subsidies go up. In addition, China's favorable policies from the central government to the local government in stabilizing automobile consumption are frequent, which is also very helpful to the recovery of the new energy industry.
What is written at the back?
Judging from the financial reports released by new energy car companies such as Tesla, with the gradual increase in new car sales, the gross profit margin of their companies has also turned positive to varying degrees. Nowadays, with the blessing of various policies that are beneficial to the new energy industry, the advantages of new energy vehicle companies are becoming more and more obvious. It is not difficult to see that even if there is a certain bubble in the new energy industry, it is still the focus of market attention under the new situation!
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.