points to follow the blue words, don’t get lost ~
electric car giant Tesla , and I encountered some trouble again!
First, Tesla had two car accidents involving motorcycle riders in July, killing two people. Recently, the National Highway Traffic Safety Administration of has launched an investigation into the car accident and suspected that the main cause of the car accident may have caused the failure of Tesla's autonomous driving, and the motorcycle cannot be identified on the highway.
Second, Tesla was accused by the California Traffic Management Bureau of falsely promoting automatic assisted driving and fully autonomous driving functions. The allegation is a bit serious. If the allegations are successful, Tesla's license to manufacture and sell cars in , California, may be suspended or revoked.
However, as a global electric vehicle giant, Tesla's every move has attracted much attention from the market. So, news about this giant is as common as the stars in summer, with bad information and good news.
A few days ago, Tesla's shareholders' meeting voted to pass the plan to "1 split 3" of the company's stocks. This time, the split of shares in will be Tesla's second split. Tesla's last split was in August 2020. At that time, Tesla conducted a 1:5 share split, and at the same time caught up with the global new energy vehicle boom. Tesla's stock price rose by more than 300% at one point. Split stocks are usually considered good news by the market, because after the split, the company's price per share will be reduced a lot, attracting more small and medium-sized investors to buy stocks.
On the same day, Tesla CEO Musk said at the shareholders' meeting that in 10 years, Tesla will achieve the production target of more than 100 million vehicles and expects to build another 10 to 12 super factories. Musk also revealed that Tesla is expected to achieve mass production of 4680 batteries by the end of this year.
Two car accidents caused two motorcycle riders to die
Tesla will be investigated
According to IT Home citing AP August 5, the National Highway Traffic Safety Administration launched an investigation into the Tesla car accident that caused two motorcycle riders to die in July. The agency suspected that Tesla, which is driving autonomously at high speeds, could not recognize the motorcycle due to the main cause of the accident or the failure of Tesla's autonomous driving.
The first car accident involving a motorcyclist occurred at 4 a.m. on Highway 91 in Riverside, California. A Tesla Model Y SUV is driving on the high-riding lane, and in front of it is a rider of a Yamaha V-Star motorcycle. After the vehicle collided, the motorcycle died on the spot.
The second car accident occurred at around 1 a.m. on July 24. At that time, on Interstate 15 near Draper, Utah, an Tesla Model 3 followed behind an Harley-Davidson motorcycle. Tesla then collided with the rear of the motorcycle, and the rider died on the spot after falling off the motorcycle.
The National Highway Traffic Safety Administration said that once more information is collected, the crash could be included in a broader investigation, i.e. Tesla would hit emergency vehicles parked on the highway. NHTSA is also investigating more than 750 complaints about Tesla's ghost brakes.
Tesla's troubles are more than that. According to Reuters , Tesla was accused by the California Traffic Administration last week of falsely promoting the Autopilot (auto-assisted driving) and Full Self-Driving (full self-driving) functions. The agency said the advertising language on Tesla's website misled customers and exaggerated the capabilities of autonomous and fully autonomous driving technologies.
reported that the allegation is a bit serious. If the California Traffic Administration's allegation is successful, Tesla's relevant license to manufacture and sell cars in California may be suspended or revoked. Reuters said that California is Tesla's largest sales market in the United States, and the company sold 121,000 cars in California in 2021, compared with an estimated 352,000 vehicles nationwide.
1 tear 3! Tesla's shareholders' meeting passed the share split plan
On August 4, Eastern Time, Tesla held a shareholders' meeting at the super factory in Austin, Texas. The shareholders voted to pass the plan to "1 split 3" of the company's stocks. The company will start a share split transaction of one share split on August 25.If calculated based on the closing price of on Friday this Friday, the price per share of is about 864.51 US dollars after "1 split 3".
In general, splitting stocks will not affect the company's operations, nor will it affect the company's market value. However, splitting stocks will be considered good news by the market. Because after the split, the company's price per share will be reduced a lot, which will attract more small and medium-sized investors to buy stocks, thereby increasing the liquidity of the stock.
It is worth noting that this stock split is Tesla's second stock split. Tesla's last split was in August 2020, when Tesla conducted a 1:5 share split. From August 2020 to early November 2021, Tesla's stock price rose by more than 300%. However, Tesla's stock price has fallen 18% this year.
According to Xinhua News Agency , the Global Research Department of Bank of America said in a research report released earlier this year that looking back, stock splitting is "good" to companies. One year after listed companies split their stocks, the average stock return rate was 25%, which far exceeded the overall average stock market return rate during the same period.
Musk said:
10 years later, Tesla delivered more than 100 million new cars
On August 4, Eastern Time, Tesla CEO Musk said at the shareholders' meeting that in 10 years, Tesla will achieve the production target of more than 100 million vehicles and is expected to build 10 to 12 more super factories. At present, Tesla's cumulative sales have just exceeded 3 million vehicles.
Musk said that Tesla currently has 4 super factories, located in California, USA, Texas, USA, Shanghai, China and Berlin, Germany. According to the latest plan, by 2030, Tesla's annual sales target is 20 million vehicles. To this end, while Tesla is increasing its existing factory production capacity, it also plans to continue to build factories around the world. Musk said Tesla will announce the location of its latest factory later this year.
Musk said that in the future, Tesla is expected to build 100-12 new super factories around the world, with each factory expected to have an annual production capacity of between 1.5 million and 2 million vehicles. In 10 years, Tesla is confident of achieving delivery volume of more than 100 million vehicles.
Musk also revealed that Tesla is expected to achieve mass production of 4680 batteries by the end of this year. In addition, Musk believes that batteries from third-party suppliers can support Tesla's production target of 1.5 million vehicles this year. Musk also announced that he will launch a non-beta version of fully autonomous driving software in 2022.
Musk said that at present, Tesla's operating profit margin is the highest in the automotive industry, surpassing traditional automotive giants such as BMW , Daimler , and Ford. He believes Tesla's profits will continue to rise this year. "We have created more cash flow now than we have spent in the past, and I am very proud of it."
Currently, Tesla's operating profit margin is the highest in the automotive industry, surpassing traditional automotive giants such as BMW, Daimler, and Ford. In the second quarter of this year, Tesla achieved revenue of US$16.934 billion, and increased by about 42% year-on-year; net profit was US$2.259 billion, a year-on-year increase of 98%, higher than the market expectations of US$1.984 billion, which is Tesla's 12th consecutive quarter of profit. In the second quarter, Tesla achieved an industry-leading operating margin of 14.6%.
Tesla's latest market value is US$903 billion, and according to the Forbes Rich List real-time list, Musk is still the world's richest man with a net worth of US$264.9 billion.
Source: Securities China (ID: quanshangcn)
Editor: Wang Zhaocheng
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