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Tesla has cut prices sharply, but its share price has fallen even more. Since 2022, Tesla's market capitalization has lost about $675 billion (about 4.7 trillion yuan). The decline for the whole year is twice that of the NASDAQ, the worst-performing technology stock in the United States in 2022, and its decline is also much higher than that of other automobile systems.
It is not new news for Tesla to be looked down upon. Recently, Citi lowered its share price target for Tesla to $191, and Morgan Stanley analysts came up with a pessimistic report that lowered Tesla's share price forecast to $10, while the fact is that Tesla's share price continued to fall. Tesla shares fell for the sixth day in a row at the close of trading on the 22nd, closing down 6.02% to $192.73 for the first time since the end of 2016, foreign media reported. According to analysis, this caused recent stock buyers, including Tesla CEO Musk, to lose 1.7%.
Weilai shares fell sharply after listing on the New York Stock Exchange. Us stocks closed yesterday, and Weilai shares continued to fall, falling more than 6 per cent, closing at $4.45, setting a new low since listing. Within a month, the share price of Xilai reached a peak of $10.64. In the highly competitive market environment, Weilai early delivered an unsatisfactory financial report, low delivery volume and serious performance losses, resulting in a certain impact on the stock price. In the face of the decline of national policy subsidies for new energy vehicles, new energy vehicle enterprises are facing operating pressure and market tests, especially the new forces of car-building, have not yet found room for profit.
After a rare seven consecutive falls in the stock price of Xilai, it finally rebounded and surged by more than 20% to close at $159. As the head of the new car-building power in China, Weilai Automobile has attracted much attention. The u.s. stock market closed down sharply on Wednesday, with the Dow down nearly 500 points, while Chinese stocks were mixed, with Weilai rising 20.45% against the trend. As audience analysts were bearish, Robin Zhu, an analyst at investment firm Bernstein, took the lead in cutting the target price of Lulai by nearly 50% to 90 cents. And the second-quarter results released by Ulai show that 2019.
Recently, the ideal car is not ideal. In a short period of more than three months, the Hong Kong stock price of ideal Automobile has plummeted, falling by more than half. As of today's close, ideal Motor Hong Kong shares were trading at HK $81.20, with a total market capitalization of HK $165.1 billion. The market capitalization is the same as the highest total market capitalization of Hong Kong stocks of 344.65 billion Hong Kong dollars in June.
Tesla lost at the start of trading on March 5, falling more than 13% at one point in intraday trading, then quickly rebounded. As of the day's close, Tesla fell 3.78% to $597.95 per share, with a total market capitalization of $573.9 billion. It is worth mentioning that this is the first time that Tesla has fallen below the $600 mark since December 3, 2020. After the news came out, it was quickly uploaded to Weibo for hot search. According to statistics, Tesla's share price has fallen by 15.26% since the beginning of the year. From January 26 to March 5, Tesla declined in 19 of the 28 trading days, totaling more than 275 billion US dollars.
Since Tesla's "spontaneous combustion" and "self-driving out of control caused a car accident" and other incidents, the stock price has not performed very well in the market since this year. After months of decline, Tesla's share price has reached a two-year low, and its market capitalization has lost nearly half of its value compared with August last year, but this is not the worst-case scenario. According to foreign media reports, Adam Adam Jonas, an analyst at Morgan Stanley, cut his pessimistic forecast for Tesla's share price from $97 to $10 in a report released yesterday. The worst-case scenario means that the stock is 205 per share higher than on Monday.
Shares of NIO continued to fall to an all-time low of $1.56 at the close of trading on Oct. 1, with a total market capitalization of just $1.639 billion. The share price of Weilai has fallen nearly 50% from its closing price of 3.04 on Sept. 20, and the total market value has lost more than $1.5 billion in ten days. On September 13, 2018, Xilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle to be listed in the United States under the symbol NIO, with an offering price of US $6.26 per share and a total market capitalization of US $6.313 billion. The share price of Weilai soared after the IPO, reaching as high as $13.8 a share. However, the year of listing.
Just as Tesla's Shanghai Lingang Super Factory was nearing completion yesterday, Tesla commissioned a human resources company to recruit production positions covering 24 positions in 6 departments, and the first model3 model is expected to be offline in September. Tex Latin American stocks opened at $194 in U. S. stock trading this morning. At one point, Tesla's share price was lowered by Morgan Stanley, an investment bank, which will fall as low as $10. It is pointed out that Tesla is not an inspirational model for the growth of electric car manufacturers, but a case of debt constraints and restructuring. Analysts believe that Tesla was so popular at the end of last year that cars were not available for a time.
According to Bloomberg, the listing of Xilai Motor in Hong Kong may be postponed until next year. According to people familiar with the matter, it is "unlikely to land on the Hong Kong Stock Exchange" before 2022, mainly because it was questioned about its structure by the Hong Kong Stock Exchange. the inquiry included a user trust fund set up by the company in 2019. It is understood that in 2018, Weilai went to the New York Stock Exchange and listed on the New York Stock Exchange. Li Bin, CEO of Lailai, said in an open letter that after long consideration, he would transfer 1/3 of his shares, that is, 50 million shares, to the trust fund.
When American stocks opened on February 23rd, Tesla's share price fell by more than 13% at one point, and then quickly rebounded. As of the day's close, Tesla fell 2.19% to US $698.84 per share, with a total market capitalization of US $670.784 billion. It is worth mentioning that this is the fourth consecutive trading day that Tesla has declined. Entering 2021, Tesla stock price trend can be said to be ups and downs. In January, Tesla's share price continued its 2020 growth trend, reaching as high as $900.40 per share, an increase of 12.45 per cent. In February, Tesla's share price fluctuated continuously.
Since the announcement of the results, the share price of Xilai has continued to fall. NIO shares closed down 4.32% at $1.550 a share on Oct. 8, with an intraday low of less than $1.50, with a total market capitalization of $1.629 billion. Compared with its debut on the New York Stock Exchange a year ago, the highest share price has gone to $13.80, and its market capitalization has shrunk by 87% since it exceeded $13 billion at one point. Not long ago, analysts at investment firm Bernstein pointed out in a report that Xilai may run out of cash in a few weeks, and the target will come.
In the past six months, Tesla's stock price has increased frantically, and Tesla's market capitalization has even surpassed that of GM, Ford, Volkswagen and other traditional car companies, becoming the world's second-largest car company after Toyota. However, on May 1, US Eastern time, Tesla CEO Musk tweeted that "Tesla's share price is too high", a remark that caused Tesla's share price to close down 10.3%, the biggest drop since March 18, and the market value lost $14.8 billion (100 billion yuan) that day. Some netizens commented that "Musk is an arrogant bastard", while another netizen said, "Musk is a bear."
Over the past year, new energy vehicle stocks, including Tesla, Lulai, Xiaopeng, ideal, and BYD, have all seen great growth, with Tesla rising 743.4% this year, making it the world's largest car company by market capitalization. Lurai Motor rose more than 1112.4% this year, and BYD in the domestic market rose more than 300%. However, after entering 2021, new energy vehicle stocks have not been able to continue the strong growth momentum, especially after the year, new energy vehicle stocks have fallen sharply. Tesla fell to 654.87 US dollars per share from 863.64 US dollars per share on February 8, down 24.17%.
Xilai, which lost a lot of money and its share price fell, today released its September and third-quarter delivery results. Xilai delivered a total of 4799 vehicles in the third quarter, compared with an earlier estimate of 4200 to 4400 in the third quarter, so the result also exceeded expectations. In September, Xilai delivered 2019 vehicles, including 1726 ES6293 ES8;, a total of 4799 vehicles delivered in the third quarter, including 4196 ES6603 ES8. Li Bin said, "delivery in the third quarter exceeded the upper limit of our guidance, because ES6 production and delivery were first delivered in June."
Hippocampal car sales plummeted, two years after a huge loss of 2.6 billion, April 23 was implemented delisting risk warning treatment, 24 officially changed to "* ST seahorse". Sales in China's auto market continue to decline, entering the era of stock competition, it is almost impossible for falling independent brands to rescue the market through new products in a short period of time, but the operation of Haima Motors stunned everyone. The seahorse issued a notice on the 16th, in order to optimize and invigorate the stock assets, the company intends to sell publicly, through bidding and entrusting intermediary agencies in accordance with the market price in the second-hand housing trading market, which is located in Jinpan Industrial Development Zone, Haikou City.
Last night, Xilai released its 2022 results to the public. Due to the lower-than-expected results, Ulai US stocks fell 5.96% overnight, while Hong Kong stocks fell 11.95%. According to the financial report, a total of 122486 new cars were delivered in 2022, an increase of 34.0% over the same period last year.
According to media reports, the equity ratio of Guangzhou Auto-Mitsubishi, a joint venture between GAC GROUP and Mitsubishi of Japan, has changed, with GAC GROUP's shareholding falling from 50 per cent to 6.3431 per cent, Mitsubishi Commercial Co., Ltd. from 20 per cent to 92.4705 per cent and Mitsubishi Automotive Industry Co., Ltd. from 30 per cent to 1.1864 per cent. In response to the above reports, GAC GROUP related sources said that "(the above news) is a media report error." As of press time, the auto industry focused on inquiries and other platforms, and did not find the equity changes in the above reports.
On September 22nd, Faraday appointed Matthias Aydt as FF global CEO and Chen Xuefeng as CEO in China. It is understood that Chen Xuefeng decided to resign as global chief executive of FF on September 16, while resigning as a member of the board of directors.
A term about the response of Xilai car to being shorted by a grizzly bear went viral on Weibo today. It is understood that a report released yesterday by Grizzly Research, a US short seller, pointed out that Xilai Automobile achieved this by exaggerating its income and net profit margin by means of accounting.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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