AutoBeta(AutoBeta.net)01/04 Report--

After Tesla released the fourth quarter and full-year delivery data, the share price soared again. As of January 3, 2020, US Eastern time, the share price closed at US $443.01 per share, with a total market capitalization of nearly US $80 billion to 79.85 billion, more than twice that of Ford Motor.

It is understood that Tesla's share price has been rising since he released his unexpected third-quarter profit report in October. According to the financial report, Tesla's revenue in the third quarter was $6.3 billion, down 7.6% from the same period last year, the first decline since 2012. Net profit reached $143 million, down 54% from $311 million in the same period last year. Tesla made a profit again.

A few days ago, Tesla also released the delivery data for the fourth quarter. Tesla officially announced that its car production reached 104891 in the fourth quarter, while the number of delivered reached 112000. In 2019, Tesla delivered about 367500 vehicles worldwide, an increase of 50 percent over the previous year, and achieved its annual target.

Earlier, Tesla CEO Elon Musk set a full-year sales target for 360000 to 400000.

In 2019, Tesla miraculously built the first overseas factory in Shanghai, China, and delivered the Chinese version of Model 3 by the end of the year. On December 30, 2019, the delivery of Tesla's Model 3 made in China caught up with the last bus, and 15 domestic Model 3s were officially delivered to internal employees in the Shanghai super factory. At the same time, Tesla said that the Chinese version of Model 3 will be officially delivered to users on January 7, 2020.

A few days ago, Tesla officially lowered the subsidized price of the standard life and upgrade version of the Chinese version of Model 3 to 299050 yuan, meaning that the domestic Model 3 officially reached the market of less than 300000 yuan, further expanding sales.

According to the industry analysis report, the price of the Chinese version of Model 3 still has room to decline.

In November 2019, Tesla also confirmed plans to build a factory in Germany in Europe and start a global expansion.

Tesla's fourth production model, Model Y, will also be officially delivered by the end of 2020, and the overall sales will be supplemented at that time. Musk has said that the upcoming Model Y will sell more than the Model S, Model X and Model 3 combined.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat