In 2021, Tesla's founder Musk, whose value soared all the way, sat in the position of the world's richest man. But now, its value has shrunk by 310 billion, what is going on?
According to the data, on October 29, 2021, Musk became the first person in the world to be worth more than $300 billion, sitting firmly in the position of the world's richest man. It is worth noting that Musk can achieve today's achievements, and the people of our country have contributed a lot of strength, mainly because 30% of the sales of cars sold by the company are supported by China. So, how does Tesla attract domestic residents?
In 2018, China's new energy vehicles entered a period of rapid development, and the relevant state departments are also actively calling on everyone to try to buy the car, and it is at this time that the domestic sales of this car have been significantly improved. Tesla has long entered the development of China, so it not only understands the Chinese market, but also occupies a certain position.
When domestic people are interested in buying new energy vehicles, everyone finds that Tesla's cars are more innovative in many new energy vehicle fields. In addition, the rise of the short video field at that time, Tesla also actively started advertising.
Just by virtue of these, the company has occupied a certain advantage in China. After that, the advent of global public health events plunged countries into crisis. And China took the lead in recovering from it, which provided Tesla with certain opportunities in this field. It was for this reason that the company decided to invest in the construction of a factory in Shanghai.
It is precisely for many reasons that the company has delivered a perfect answer sheet in China. According to the data, 30% of the company's sales directory is from China.
However, after Musk achieved a good result, there was a loss. Not only did Musk lose 1.7 trillion yuan, but even its value shrank by 310 billion. What is the reason for this?
Specifically, on November 4, 2021, the company's stock price reached a peak of $7920 per share; after that, its stock price began to decline. In less than a month, its stock price fell by $2600, or about 1.7 trillion yuan. There are two main reasons for this situation.
First, Musk's conventional behavior. As early as November 8, 2021, Musk began to sell shares to cash out, and in just one week, he cashed out the amount of 43.9 billion. And his kind of behavior has also attracted everyone's attention, in this regard, many people have dismissed the idea of buying the company's stock, so that its stock price has been greatly affected.
It is understood that the company's stock price once fell 2.8% in one day.
Second, the company's cars have frequent problems. It is worth noting that many of the company's models are very prone to accidents, and many people have encountered problems with their cars when driving.
Moreover, many people have liked to buy the company's car before, mainly because its self-driving technology is cool. However, after purchasing it, everyone found that there was a certain risk in the automatic driving.
For a company, brand image and word of mouth is very important, if a company makes the public have a lot of bad impressions, then the number of consumers will be reduced. It is precisely because of these two reasons that Musk lost 1.7 trillion yuan, and after the stock price fell, its value will also decline accordingly, which led to a decline in his value of 310 billion.
However, even if Musk's value has shrunk by 310 billion, he is still the richest man in the world, so why has his ranking not changed?
In fact, the main reason is that his reduced value is still several times that of other rich people. You know, in October 2021, Musk's value has been nearly 1.9 trillion yuan, so even if the shrinkage is 310 billion yuan, his value is still as high as 1.6 trillion.
What is this concept? As we all know, in 2021, China's richest man is Zhong Sui, whose value has reached 390 billion, although he has achieved the top position in China, but compared with Musk, his value is only equivalent to 1/4 of it. This is also the reason why Musk is worth less but can still sit in the position of the richest man.