Tesla's market value once surpassed Daimler, ranking third among global auto companies

Home Page > Car > Electric car > Content 2021-07-20

Topic:The world's top ten stock markets by market capitalization

Original title: Tesla's market value once surpassed Daimler and ranked third among global car companies Source: Tencent Technology

Tencent Technology News Recently, the world’s leading company in the electric vehicle industry, Tesla Inc. of the United States, has seen endless good news, which has caused the company’s stock price and market value to soar. According to the latest news from foreign media, Tesla's market value in early trading on Wednesday surpassed the established auto company and Mercedes-Benz's parent company Daimler Group, becoming the third in the world. However, Tesla's stock price later fell that day.

According to foreign media reports, although Tesla’s stock price fell slightly by 1% on Wednesday, Tesla’s stock price has skyrocketed recently and has recovered since 2019. All the declines, the stock price returned to the level at the end of last year.

On Wednesday morning, Tesla’s stock price rose to a level of $355.6, but the stock price fell back later. According to media estimates, Tesla's capital market value on Wednesday morning has reached 63 billion US dollars.

It is reported that this market value makes Tesla the third-largest auto company in the world by market value. On Wednesday morning, Tesla’s market value surpassed Daimler’s The group’s 62.78 billion U.S. dollars.

The market value leaderboard shows that the current full The world's largest auto company by market value is Japan's Toyota (Toyota is also the auto company with the largest sales volume), with a capital market value of US$295 billion.

Volkswagen Group of Germany ranked second with a market value of 98.9 billion US dollars. The market value of the Volkswagen Group is one-half higher than that of Tesla, and it is difficult for Tesla to surpass the Volkswagen Group in the short term.

Other car companies that rank behind Daimler Group include: General Motors of the United States (market value of US$55.1 billion), BMW of Germany (market value of US$52.4 billion), Honda of Japan (market value of 49.7 billion U.S. dollars), Ferrari of Italy (market value of 41 billion U.S. dollars).

ChinaSAIC depends on 38.4 billion The market value of the US dollar ranks ninth in the list. Audi is closely followed by tenth.

In this ranking, from 11 to 15 are Ford, Fiat Chrysler, Hyundai, Nissan and French PSA. The French PSA Group has a market value of US$23.5 billion.

On Wednesday morning, Tesla’s share price rose mainly because the company’s head Musk announced in Germany that it will build a second overseas electric car factory in Berlin. , Tesla will also set up an engineering design center in Germany. According to German media, this factory may create 10,000 jobs.

At present, Europe is the continent with the largest number of countries where Tesla sells. Tesla has built a huge sales and service network.

According to foreign media reports, Tesla, the automaker, has achieved success in several European markets, but not so successful in Germany. Consumers in that country Tend to prefer made in Germanycar.

Until recently, German automakers have not sold many electric vehicles themselves because they mainly focus on plug-in hybrids.

German auto companies have obvious advantages in the field of luxury brands. In the US market, Tesla has gained a place in the luxury car market, but in many countries, the luxury car market is mostly dominated by German automakers.

Now Tesla hopes to achieve similar changes in the US market in Europe. It hopes to achieve this goal through a wider range of automotive product lines and lower costs , Tesla’s strategy is to build factories locally instead of importing cars from California.

It is reported that in the past, the old German auto companies were too underestimating the technology of pure electric vehicles. Now in the face of the rapidly changing global market, the old automakers are beginning to make changes to pure electric vehicles. Large investments try to replicate Tesla’s success, but the electric car industry usually thinks that these established companies’ investment has “too little and too late”.

When Mercedes-Benz, a subsidiary of Daimler Group, announced a $1 billion investment in research and development of electric vehicles, Tesla CEO Musk joked , This investment amount also needs to add a zero to reach 10 billion U.S. dollars.

In 2017, Daimler Group announced that by 2022, they will invest 11 billion U.S. dollars to develop 10 new electric vehicles.

Good news

In addition to building a factory in Berlin, Germany, Tesla has a lot of good news in the near future news. Among them, the company has announced that the Tesla electric car factory in Shanghai, China has trial production, and the first Model 3 (rare blue paint) has been off the assembly line. Before the end of the year, the factory is expected to obtain a production license and start Mass production.

In addition, Tesla previously announced its third-quarter financial report. The sales of electric vehicles were close to 100,000. In addition, it ended two quarters of losses and regained profitability. The positive earnings report quickly caused Tesla's stock price to soar.

It is reported that Tesla’s stock price has skyrocketed in the past few days, causing the United States’ short-selling Tesla institutions to suffer heavy losses. They made a ruthless mockery. (Reviewed by Tencent Technology/Cheng Xi)

Label group:[electric car] [Car] [Tesla] [new energy vehicles] [Daimler Group] [Tesla model 3

Extended reading

Same topic