Tesla made history, surpassing Toyota to become the car company with the highest market value. How did Musk do it?

On June 10, EST, Tesla made history again. Established in 2003, this American electric vehicle enterprise with a history of less than 17 and an annual sales volume of less than 370,000 vehicles broke through 1025 USD on the same day, and its market value reached 190 1 000 USD, which made Toyota (the market value yesterday was182.2 billion USD) with the highest market value.

Once upon a time, Tesla's share price exceeded $65,438+0,000, which was considered a fantasy, but now it has become a reality so quickly. So many investors who are short on Tesla shares are estimated to faint in the toilet.

Moreover, this is far from reaching the highest point of Tesla. You know, in June 10, Tesla didn't have any major events, but CEO Musk announced that he would mass-produce Semi trucks, which is not a big news. What is really exciting is to wait until Tesla Battery Day to release the news of heavy battery technology. It is estimated that by that time, Tesla's share price will hit a new high.

It's just that Tesla has been invincible among car companies, and no car company can surpass its market value. Once upon a time, Toyota was considered as an insurmountable object, but it was surpassed by Tesla in a blink of an eye. Prior to this, the time when Tesla's market value surpassed Ford, GM, Daimler and Volkswagen step by step seemed just around the corner.

Just as Tesla seems to have crushed a group of traditional car companies with little effort, the established giants are still struggling with their electrification transformation. Diss, CEO of Volkswagen Group, was removed from the position of CEO of Volkswagen brand because he offended the trade union. Ford and Volkswagen formally signed an alliance and cooperation agreement in the fields of commercial vehicles, electric vehicles and autonomous driving. Toyota, GM and other giants are tired of coping with the decline in profits caused by the epidemic, so they have to spend money from their teeth to continue investing in electric vehicle projects.

Tesla's story tells us once again that no matter how brilliant you were, if you don't realize the existence of the crisis, you can only become a frog in warm water, but you can't turn over when you realize the danger. Although Tesla's current scale is still small and there are many problems in its products and services, its leading edge in the field of electric vehicles and autonomous driving is also there. Sometimes small-scale enterprises can better adapt to the development of the new technology era. Traditional giants just can't afford to lose their tails, and it's even harder to turn over.

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