Tesla and traditional car manufacturers

From the end of 20 19 to the beginning of 2020, Tesla's market value once exceeded 80 billion US dollars, which also made it rank second only to Toyota and Volkswagen Group in the global automobile industry. In recent days, Tesla's share price has hit a new high. As of the close of February 4th, US time, Tesla's share price has risen to $887.06, an increase of 13.73%.

This data also makes Tesla's total market value reach 65.438+059888 billion US dollars, second only to Toyota (654.38+09655438 million US dollars), ranking second in the global automobile industry. At the same time, it is more than 48 billion dollars more than the combined market value of the three traditional American automakers-General Motors, Ford and Fiat Chrysler Group.

The rise of Tesla's share price is related to a series of good news recently.

First of all, in terms of revenue, Tesla's revenue in the fourth quarter was 7.384 billion US dollars, a year-on-year increase of 2%. Thanks to the performance in the fourth quarter, Tesla's revenue from 20 19 reached $24.678 billion.

Secondly, in terms of sales volume, Tesla delivered about 367,600 electric vehicles in 20 19, an increase of 50% over the previous year. And the performance is so high, the model? 3 made great contributions, and delivered 300,885 vehicles in 2065,438+09 * *, accounting for 865,438+0.8% of Tesla's total delivery. At the same time, with the production of Shanghai factory, domestic models? The delivery of 3, the increase of Tesla sales in 2020 should not be a big problem.

Finally, in terms of cooperation, Panasonic and Tesla set up a joint venture battery factory in Nevada, USA, and achieved profitability in the fourth quarter of 20 19.

Judging from the current performance, Tesla's share price seems to have room to continue to rise. Do you think Tesla can surpass Toyota and become the world's number one car market value? Please comment below.

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