Editor's note: In addition to the big sale of Model 3, there is another model that may be expected to surpass Model 3, providing subsequent growth momentum for Tesla .
Author/Huasheng Academy Jay
After the opening of the market on Monday, the stock price of Tesla continued to maintain a fierce attack trend and quickly broke through the $500 mark after the opening. As of the close, the share price of Tesla rose 9.77% to $524.86, setting a record high.
Source: Huasheng Securities
Tesla 's stock price has risen recently, which may be related to the recent sales of the company's models. On January 7, 2020, Elon Musk, CEO of Tesla , attended the delivery ceremony of Tesla domestic Model 3 in Shanghai, and also launched the China Model Y project.
As a global leader in electric vehicles, why did the stock price of Tesla rise sharply? In addition, what models are under Tesla , and what are the expected performance in the future?
's stock price has soared, which may be related to Model 3 sales expectations
Tesla 's main models listed at a glance
Tesla has currently released a total of 6 models, covering different positions such as coupes, SUVs, sedans, pickup trucks, supercars, etc. Among them, Model 3, Model Y and electric pickup truck Cybertruck are hot models that have been paid attention to recently. In addition, Model 3 and Model Y, as the main models that will make efforts in the Chinese market in the future, have already triggered the market of the Tesla concept sector.
Source: Tianfeng Securities Research Institute
In terms of models sold, although there are four models of Tesla currently on sale, the one that really raises the performance expectations of Tesla is mainly the popular model Model 3, which focuses on popular sedans.
Picture source: Public Network
Model 3 was released in 2016 and started mass production in 2017. It is positioned as a B-class sedan and has the characteristics of being popular. The entry-level Model 3 has a battery capacity of 60kwh, a range of 445km, and an acceleration of 100 kilometers per 100 kilometers per 5.6 seconds; in terms of product advantages, the Model 3 is equipped with the Autopilot2.0 fully automatic driving system, and its high-performance version has a acceleration of 100 kilometers per 100 kilometers per 100 kilometers per 100 kilometers per 100 kilometers per 250km.
Source: Dongwu Securities
Model 3 As a hot model, the real reason is that the price is low enough. On January 3, the domestic Tesla Model 3 lowered the price from 356,000 yuan to 324,000 yuan. Combined with the 25,000 yuan electric car purchase subsidy, the price was reduced to 299,000 yuan, achieving an evaluation of 300,000 yuan for BBA competitor fuel models. The price reduction of Model 3, which significantly exceeded expectations, is also one of the important driving factors for the rise in Tesla's expectations of .
Source: CITIC Securities Research Department
Sales expectations, with the completion of the Tesla China factory, the Model 3 production capacity will reach 2500-3000 vehicles per week by the end of January; as the production capacity gradually climbs, the mid-year production capacity will reach 5,000 vehicles per week, and it is expected that the Shanghai Tesla factory will deliver more than 150,000 Model 3 in 2020. With the progress of production capacity climbing and the localization of parts, it is expected that Model 3's global sales in 2020 are expected to reach 400,000 vehicles and 480,000 vehicles in 2021. The positive sales expectations may fully boost the growth expectations of Tesla , which is one of the reasons why the stock price continues to rise recently. The expected increase in
is also related to the potential growth space of Model Y?
In addition to Model 3, Model Y, which is about to be put into production in Tesla , may be the company's subsequent growth momentum.
Picture source: Public Network
On the day of the Model 3 delivery ceremony, Musk and Shanghai Mayor Ying Yong attended the launch ceremony of the Model Y project in China factory and officially announced the launch of the China Model Y project.
Image source: Public Network
Model Y is what kind of car model? In terms of positioning, Model Y is a compact SUV and also has the characteristics of popularization.The entry-level Model Y has a range of 370 km and accelerates by only 5.9 seconds per 100 km. It is priced at only US$39,900 on the basis of its super-large space design, which is about 266,000 yuan. The affordable price and sci-fi configuration make it expected to become the next popular model after Model 3.
Source: Dongwu Securities
Source: Dongwu Securities
In the long run, the inherent quality of Tesla is the core reason for the rise in stock prices?
In 2017, Autohome founder Li Xiang once said, " Tesla 's market value can reach 100 billion US dollars in 2020, and the maximum is 200 billion US dollars. Because, so far, there are only Tesla , one car brands that know what smart cars are and have corresponding capabilities." Today, Li Xiang’s prediction has been verified.
Image source: Public Network
In the long run, a company with increasing intrinsic value cannot have obvious shortcomings in R&D, sales, production, capital operation, etc. For Tesla , the inherent quality with strong R&D strength and sales capabilities as the core may be a moat that ensures the company's continuous growth.
Tesla can continue to win the market's favor in the future? Let’s look forward to the financial report data that will be released by Tesla on January 29, and see what surprises Tesla will bring to the market.
Risk and disclaimer: The above content only represents the personal position and views of the author of this article. Before making any investment decision, investors should consider the risks of investing in their own situation. If necessary, please consult the advice of a professional investment consultant. This article does not constitute any investment advice, and no commitment or guarantee is made.
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