Recently, I saw a rather shocking news in several media, that is, Tesla's market value has now surpassed the total market value of Ford and GM, and Tesla has become the highest listed car manufacturer in American history. So what's behind the surge in Tesla's market value? Can Tesla's high stock price last?
Under the unfavourable situation, Tesla exceeded market expectations and sales volume increased significantly, especially the Tesla Model 3, and the delivery volume was much higher than the same period last year. Some experts even predict that Tesla Model 3 car sales may exceed Nissan Leaf sales in the short term and become the world's best-selling electric car model. So is Tesla's recent rise in market value directly related to product sales? Such a definition does not seem logical, because the total sales volume of Ford and General Motors is 10 times that of Tesla. If the stock price is determined by sales volume, there is no reason why Tesla is higher than Ford and GM. How does the market work?
In fact, Tesla's customer satisfaction is not high, and the body structure and design are also very general. It can even be said that it is the simplest and the lowest equipped car in the luxury car class. Many experts do not recommend Tesla, but the actual The situation is much better than expected, and Tesla cars can still sell well. What is the reason behind it? Some people say that the recent sales volume is a long-term accumulated order, because the previous production problems have been delayed and the shipment has not been able to be delivered. Now the operation has started to be smooth, and the delivery can be started, thus pulling up the sales volume. Is it really that simple?
Tesla's stock price rebound is actually due to the skyrocketing delivery volume. In 2017, the Model 3 only delivered more than 1,700 vehicles. At that time, Tesla was in a difficult situation and the production line continued to have problems. However, in 2017 and 2018, it is an explosive growth. Nearly 150,000 Model 3s are delivered in a year. Can such explosive growth not increase the stock price? And with the rapid increase in sales, profitability has also greatly improved, turning losses into profits. By 2019, Tesla has delivered a total of 300,000 Model 3s, and the entire department delivered more than 500,000 vehicles. The performance is beautiful, so it will welcome investors.
Later, Tesla went to Shanghai to build a factory again, which undoubtedly had a very positive impact on the stock price, so it attracted more stock market investors to buy Tesla stock. More than that, Tesla's German factory is about to start mass production. Tesla's prospects are bright. In Europe and China, a new round of big moves will soon begin, and sales will likely increase significantly. I predict that Tesla will enter the million-selling automaker club in 2020, and then start to move higher.
One thing we really can’t help but admire Tesla, its ambitious and strong execution, you see Tesla's Shanghai factory has just been completed, but the Model 3 just released soon after its establishment, this is too fast Come on. These batches of Tesla made in China are very competitive in price and immediately become the focus of consumers. The price of Tesla made in China has been lowered by more than 20%, plus the reduction of purchase tax, the lethality is really big enough.
I'm bullish on Tesla. At the same time, I also very much hope that they will work harder on after-sales maintenance services, improve technical support, improve customer satisfaction, and increase sales more significantly, and the market value will continue to rise. Let us look forward to it together.