Tucki IPO, another sap of traditional car companies.

When Tesla went public, "I didn't even bother to watch it."

When Weilai went public, "Oh, another one who is not afraid of death."

As soon as the ideal went on the market, "something seems to be wrong."

Tucki made it public, "What happened to the world!"

In traditional car companies, such as Bob Lutz, the theorist of "Tesla will die", their mental journey in the past 10 years is roughly the same.

Unlike Tesla, Weilai and Ideality, the listing of Tucki will hurt them even more. After all, Xiao Peng is no less than a traditional car company. In fact, he Xiao Peng teased Tesla more times. But Tesla is enjoying the hospitality of the capital market and the consumer market, with a market value more than double that of the second place, and doesn't care about his population at all. Traditional car companies are different-

Just listed in Tucki, the market value has not yet reached their chest.

149.6

On the first day of listing, the closing price of Xpeng Motors was US$ 265,438 +0.22, up US$ 465,438 +0.47%, with a market value of US$ 65,438,049.6 billion (about RMB 654,380,028).

Two years ago, none of us dared to imagine this scene. At that time, He Xiaopeng spoke his carefully designed lines on Brand Day: the core of smart cars is operation, not manufacturing.

For a period of time after that, He's situation was similar to that in Juxian Village. "People of insight in the world are laughed at by everyone." . There is no need for Tucki to express his dissatisfaction. After all, it was he who first brought the high-spirited atmosphere of the domestic internet industry to the automobile industry and attacked excessive conservatism with excessive arrogance, so he had to endure it no matter how he fought back.

Today, just two years later, when thousands of vehicles have been sold every month (2065438+ 16600 2009, 5489 vehicles in the first half of this year), it seems necessary to reconsider what he said.

For example, almost all OEMs are talking about OTA now, but do traditional car companies support the working mode and management process of OTA? Can such a team be quickly formed in the organizational structure of those large enterprises, constantly test and collect feedback, and finally achieve the goal of continuous iteration? As everyone knows, if you can't do this, even if you have the ability of OTA, it's useless.

This is why He said that "only four original equipment manufacturers in China are developing and manufacturing smart cars". How difficult the hardware foundation of OTA can be, the key is whether the software ability can keep up, and if so, whether there is such an endless working mechanism.

Switch to manufacturing angle. Which car company really doesn't care about manufacturing? The person in charge of production quality of Xpeng Motors is Ryoji Miyashita who has worked in Toyota for 40 years.

This is the difference. He Xiaopeng is full of praise, but in fact he dare not ignore the shortcomings of Xpeng Motors in the manufacturing field. As for the person opposite him, it is purely a fact, so I probably still don't understand why the market value of Xpeng Motors is $65.438+0.496 billion (about RMB 65.438+0.28 billion).

175.97? |? 270.0 1? |? 424.89

The above three groups of figures are the current market values of the three major American automobile companies (Fiat Chrysler, Ford and General Motors). (The figures of different platforms are different, and the market value data in this article are all from the "micro-cow" platform)

Remember what we discussed two years ago: What, the market value of Tesla actually surpassed that of Ford and GM? Now let's look at the market value of three new car companies in China:

Tucki's US$ 65.438+0.496 billion (about RMB 65.438+00.28 billion).

The ideal value is163.86 million USD (about RMB11250,000).

Weilai is 23.547 billion US dollars (about RMB161700 million yuan).

Three new cars in China stand out, and the market value will be the third in the United States every minute-is this expression particularly frivolous and uncomfortable? -At that time, traditional car companies mocked Tesla in this way.

Come out and hang out, you have to pay it back sooner or later.

Tesla's market value surpassed Toyota's, as if it happened yesterday, and then look at Tesla's current market value:

It has doubled again.

The surge in American technology stocks in recent months has made people stunned. Apple's market value exceeds 2 trillion US dollars (about 13.7 trillion RMB), so the upper limit of Tesla has been raised; Tesla was doubled, so Tucki, Wei Lai, and Ideality, who entered the arena with their forefeet, also got bonuses.

(However, on the day of listing in Tucki, Ideality and Weilai were both bearish, and Ideality fell by more than 17%).

Of course, the bubble property exists, but this round of skyrocketing technology companies is more concentrated. From March to August, the Nasdaq Composite Index increased by nearly 7 trillion US dollars (about 4.8 billion yuan), of which nearly 60% and 4 trillion US dollars (about 2.7 billion yuan) were concentrated in famg+T, namely Facebook, Apple, Amazon, Microsoft, Google and Tesla. This is not so much another technological bubble as the Matthew effect in the COVID-19 epidemic.

As for traditional cars, on the day when Toyota was surpassed by Tesla, its market value was about 65.438+080 billion US dollars (about 65.438+02.363 billion yuan). Today, their market value is 65.438+0867 billion US dollars (about 65.438+02823 billion yuan).

We tend to become numb to what happens repeatedly. In case you forgot to mention it at that time, make a bold prediction in advance: Tesla will surpass Toyota, which is not surprising to many people, but if one day in the future, Weilai will surpass GM and Tucki will surpass Fiat Chrysler (if FCA has not merged with others at that time), it will really be a big deal.

4-3-4

On 20 18, Xpeng Motors official website released four core senior management teams, namely He, Henry, Gu and Gu. After Gu left, the core senior management team became three people.

At Xpeng Motors official website today, Gu's post was taken over by co-founder He Tao, and the core senior management team was changed back to four people.

Both Gu and He Tao are engaged in the field of autonomous driving. Before Gu Lijun left her job, people thought it was related to her overlapping fields with He Tao. After all, He Tao was the co-founder of Tucki.

Everyone is familiar with the resumes of the current four core executives. Gu used to be a person in the financial field. Of the four people, only Henry and He Tao are traditional car companies. The former is responsible for the control system development of new energy vehicles and smart cars in Guangzhou Automobile Research Institute, while the latter is responsible for Witstar? And the development of unmanned prototype cars. In traditional car companies, it is also a marginal subject.

That is to say, in the senior management team of Xpeng Motors, from four to three and then back to four, from beginning to end, no one comes from the core departments of traditional car companies, such as chassis and supply chain.

This seems to be the norm for new car companies. In Weilai's senior management team, Shen Feng's appearance rate in public is obviously lower than that of Qin and Shen Fei. The ideal is more thorough, and the person responsible for its supply chain and manufacturing is the co-founder &; Shen Yanan, president, once served as vice president of Lenovo Group and chairman of Motorola (China).

That is to say, the experience of building a car, which is regarded as a treasure by traditional cars and used to prove that "you know nothing about cars", does not seem to be a problem for upstarts like Tucki. This seemingly powerful accusation is likely to be a battle of wits with the air.

With the listing of Weilai, Ideality and Tucki, the automobile industry has gone through a whole disenchantment process from the inside out: it is very difficult to build a car-no one denies this-but like many very difficult things in this world, it can be solved.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.