Netease Technology News July 2, according to foreign media reports, the US local time on Wednesday, the electric car maker Tesla shares soared to a record high, Tesla shares rose 3.69% at the close on Tuesday, closing at 1119.63 per share The market value of the US dollar is about 207.6 billion US dollars.

Tesla's stock price rose 5% in early trading to a record US$1135 per share. Tesla's current market value is more than three times the sum of American automakers GM and Ford.

So far this year, Tesla's stock price has soared by more than 163%. In the past month alone, Tesla's stock price has climbed more than 20%. This highlights the increasing confidence of investors in the future of electric vehicles, and Tesla is changing from a niche car manufacturer to a global leader in clean vehicles.

After several years of losses, Tesla has achieved profitability for three consecutive quarters since the third quarter of 2019. Despite the outbreak of the New Crown epidemic, the strong delivery in the first quarter of this year still surprised investors.

Wall Street is clearly very optimistic about Tesla's future growth and profit prospects. Many experts predict that in the next decade or two, the world will turn to battery electric vehicles, and Tesla is leading this revolution. So far, Tesla's Model 3 is the most popular battery electric vehicle in 2019, with more than 300,000 units sold.

If Tesla can maintain or expand its leading position in the field of electric vehicles, the company hopes to achieve this goal by launching Model Y this year and CyberTruck next year. It may become one of the world's largest car manufacturers in the next one or two decades One (based on sales volume).

Although Tesla may have surpassed Toyota in terms of market value, it still lags far behind the Japanese auto giant in terms of actual car production. Toyota is one of the most profitable car manufacturers in the world, with 10.46 million cars sold in the 2019 fiscal year ending March 31, 2020. The company reported net revenues of $281.2 billion over the same period.

By comparison, Tesla's revenue in 2019 was US$24.6 billion, and a total of 367,200 vehicles were delivered. Tesla CEO Elon Musk has said in the past that Tesla will deliver at least 500,000 cars by 2020. Despite the outbreak of the new crown epidemic, the company has not changed this prediction.

Tesla said that in the first quarter ended March 31, the company produced about 103,000 cars, including 15,390 Model S and Model X, and 87,282 Model 3 and Model Y. During the same period, Toyota produced 2.4 million cars. Tesla is expected to announce new vehicle delivery data for the second quarter this week. (Little)

Source: NetEase Technology Report, translated by Google Translate