Tesla boss Musk
Tesla, BYD, and CATL are all well-known listed companies in the new energy vehicle market, Tesla has the highest market value; BYD new energy vehicle has the highest global sales; CATL new energy vehicle power battery share; Tesla is a US listed company, BYD and CATL are both A-share listed companies, and BYD is also a listed company on the Hong Kong Stock Exchange.
Tesla's market value is US$642.3 billion, or approximately RMB 4611.7 billion; CATL's market value is RMB 1066.3 billion; BYD's minimum is RMB 770.1 billion, and BYD and CATL's combined market value is not as high as Tesla's, but there is no such a big gap in sales.
BYD boss Wang Chuanfu
From January to June 2022, Tesla's operating income was US$35.66 billion (about RMB 2413), and profit was US$55.56 billion (about RMB 37.5 billion); during the same period, CATL's operating income was RMB 112.9 billion and profit was RMB 8.1 billion; BYD's operating income was RMB 150.6 billion and profit was RMB 3.59 billion.
Tesla has the highest operating income and profits. The most important thing is that Tesla has the highest profit margin. BYD has a not low operating income, but its profit margin is very low. What is the reason why Tesla's profit margin is so much higher than BYD? This is a very interesting question!
CATL boss Zeng Yuqun
In the field of new energy, batteries, motors, and electronic control systems are the core of new energy vehicles. Tesla does not produce power batteries, and mainly purchases power batteries from LG, CATL and BYD.
In July 2022, the total installed capacity of global power batteries was 39.7GWh, of which CATL accounted for one-third, with an installed capacity of 13.3GWh; BYD installed capacity was 6.6GWh, which was 4.6GWh compared to the third place LG's new energy battery; BYD's blade battery is very awesome, and in terms of new energy vehicle power batteries, BYD undoubtedly has an advantage over Tesla.
Tesla's motor is mainly purchased from Futian, Taiwan. BYD's motor is independently developed, mainly permanent magnet synchronous motor , Tesla and BYD. There is not much difference in motor performance, but BYD is undoubtedly more independent and controllable , and its advantages are also very obvious.
electronic control system is a general term for software + hardware of new energy vehicle electronic control system. The entire electronic control system can be understood as the vehicle's nervous system. This system can control the vehicle's running ability. Therefore, the stronger the electronic control system, the better the vehicle's control and driving ability. In this regard, Tesla and BYD are both independently developed, and Tesla has certain advantages.
BYD and Tesla have undoubtedly advantages in car manufacturing technology. BYD's main core components are independently developed and produced by themselves. Tesla is purchased from outside except for electronic control. Therefore, from the essence, Tesla is an assembly car.
But the reason why Tesla has such a high profit margin is closely related to its boss Musk. Although Tesla is essentially an assembly car, Musk is very good in brand and marketing. In layman's terms, it is particularly scammering. Tesla adopts direct sales method, BYD is a traditional channel model, and Tesla has no intermediary price difference, which is one of the reasons for the high profits.
The global new energy sales championship battle between BYD and Tesla has been released. Tesla has released the latest sales and delivery data, with 82,000 vehicles in September 2022, while BYD's entire series exceeded 200,000 vehicles; Tesla has delivered more than 910,000 vehicles worldwide in 2022, while BYD has exceeded 1.19 million vehicles, and BYD has become a foregone conclusion.
Tesla's global sales were surpassed by BYD, and the stock price also fell sharply, from US$409.97 to US$204.12 (lowest), which was definitely cut in half.What is the reason why caused Tesla's sales growth to decline and its stock price to fall?
Tesla's stock price fell, and there are reasons for market . Of course, more importantly, Tesla itself is the reason for itself; Tesla itself is a car that relies on hype. After the global new energy vehicles enter a period of rapid growth, major traditional car manufacturers will undoubtedly not be absent, and the competition for new energy vehicles is becoming increasingly fierce.
comparison is painful, but the comparison is also the most objective. Tesla has not mastered many core technologies and the price is very high. After comparing the performance of various new energy vehicles, it is reasonable to be surpassed by BYD when its core competitiveness is insufficient.
Tesla is also very difficult. It does not reduce prices, has small sales, and the price reduction will damage the image of high-end brands. With the rapid development of new energy vehicles, reshuffle of the industry is a normal phenomenon in every industry, and new energy vehicles are no exception.
Although Tesla's stock price has been halved, the stock prices of BYD and CATL have not halved; BYD has stopped the production of fuel vehicles, sales growth has accelerated significantly, and some high-end cars have entered the European market, with price quality completely competing with Tesla, Mercedes-Benz, BMW, , BMW, ; plus mastering the core technology of new energy vehicles, BYD is undoubtedly in an upward cycle.
CATL is the industry leader in new energy vehicle power batteries. It is far ahead of its peers in technology, quality and scale, and fully benefiting from the rapid growth of the new energy vehicle industry. Like BYD, it is an upward cycle; although the stock price of fell sharply, it has little impact on BYD and CATL, and it has more of a psychological impact.
As a factory in the world, China has the most complete industrial chain of new energy vehicles, no doubt about it. new energy vehicles have developed rapidly, providing Chinese independent brands with a golden opportunity to "change lanes and overtake".
2. USD index , Dow Jones index , Nasdaq index Trend analysis
USD index stimulated by the Federal Reserve Fed rate hike , interest rate hike , and then fluctuated in the 113.2 area; the crazy interest rate hike gave a very high chance of hard landing in the US economy , and the domestic vicious inflation crisis in the United States has not yet ended.
Dow Jones Index, Nasdaq Index, and S&P 500 Index fell simultaneously, and the three major indexes all have very obvious downward trends.
At the same time, US stock leaders Tes, Amazon , and Apple also continued to fall simultaneously; the downward trend of leading stocks has not changed, and the road to the bear market of the US stock market is still very long.
3, Shanghai Composite Index , ChiNext Index Trend Analysis
A shares ChiNext Index, Shanghai Composite Index, and Shenzhen Component Index are stronger than US stocks and rise simultaneously. The index closes over 5-day moving average and 10-day moving averages, and the trading volume is slightly amplified; A-share technical side ends unilateral decline market and enters a volatile rebound stage. Of course, the strength of US stocks will also have an impact on A-shares, but will not change the trend.
A shares are undoubtedly slightly stronger than US stocks, but if US stocks continue to fall sharply, the impact on A-shares is also obvious. Then there is a great chance of A-shares fluctuating at low levels. If US stocks fall sharply, A-shares will have a very small chance of going out of an independent rise.
Stock God Buffett
4. Summary of Wenqutang Stock Market Trading Experience
Investment is like a competition between a rabbit and a turtle. The rabbit was so confident that he was so blinded by victory that he failed. Although the turtle walks slowly, it is steady and cautious, and will win the final victory. Therefore, investors must observe slowly and buy and sell carefully!
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