Author: Li Yunfei|Source: Original
Wall Street has experienced a violent market shock, the three major stock indexes in the United States fell in unison, and Tesla fell by 5.59 percent, a drop of more than 220 billion yuan.
The US Dow is now down 0.65%, the Nasdaq is down 1.79%, and the S&P 500 is down 1.2%. It can be said that technology stocks in the United States are now lower across the board. Like Apple, Amazon, Netflix, Google, Facebook, and Microsoft are all immune. Tesla, on the other hand, fell by more than 5%, evaporating $30.4 billion, or about 220 billion yuan, overnight.
This happened so suddenly that everyone was taken by surprise! Of course, this has something to do with the data recently released by the United States. According to the data, U.S. retail sales rose 0.7% month-on-month in March, the highest since September last year.
It is said that the rise in this data is a good thing, and it means that the US economy is very strong! But we must know that those who can watch will be in the doorway, and those who will not be able to watch will see the excitement. What has the United States been doing since Yellen returned without work? It can be said that the United States is trying to destroy the balance of the global industrial chain by all means. In addition, inflation in the United States has not been fundamentally suppressed, so the growth of demand at this time means that inflation is very likely to rebound in the future.
The eyes of global investors are bright, and the decline in U.S. stocks can illustrate this. That is, the uncertainty about the future of the United States and the concerns about inflation and economic growth in the United States have become more obvious. On the contrary, the global gold price has been rising, making it the most ideal safe-haven asset for everyone.
The most noteworthy thing is that Tesla has fallen by more than 30% this year, which is the so-called endless ups and downs! Of course, in addition to the above reasons, it also has a lot to do with Musk's announcement of global layoffs.
Just last month, after Lei Jun launched the Xiaomi SU7, Tesla finally couldn't bear it, and launched a zero-interest installment car purchase in disguise. It can be said that at the same time as the rise of domestic cars, Tesla's advantages are becoming less and less obvious, and the cost performance is getting lower and lower. And that's where Yellen worries. So, instead of talking about the fallacy of overcapacity, it is better to ask yourself first, where are your advantages?
Now that even Tesla, the new energy vehicle giant, is facing the dilemma of large-scale layoffs, you can imagine what will happen to the fuel vehicles of foreign companies? This is why Germany can ignore the face of the United States and say that the German market welcomes Chinese cars. Because if you don't cooperate, your situation will only be more difficult. The crisis in the United States is indeed coming.
Why, then, is it said that an even greater crisis in the United States is yet to come?
That's because now with the rise of China's technology, Lao Mei is feeling unprecedented pressure. And the more this is the case, the more the United States wants to promote its own development by decoupling and breaking the chain and destroying the balance of the global industrial chain. However, this kind of behavior is unpopular with the world, and this is the fundamental reason why global investment institutions are worried about the unsustainable development of the US economy.
It can be said that if the United States continues to insist on going its own way, the US economy will enter a vicious circle, and the crisis will only get bigger and bigger in the future.
So what impact will the crisis in the United States have on the mainland's economy?
From an industrial point of view, Tesla has now opened the Pandora's box of layoffs from global tech giants. It can be said that next, the world's technology companies will enter a knockout game, especially in the automotive field. Of course, mainland car companies are no exception.
Affected by the sharp decline in the U.S. stock market, the stock prices of mainland companies such as Weilai, Xpeng, and Li also ushered in a decline. But this is not a bad thing, this is a test for mainland car companies. Under the premise of the mainland's leading new energy technology, there will be world-class automobile brands in the mainland in the future, going abroad and competing face-to-face with American and European companies.
From an environmental point of view, as I said before, the past few years have been very critical, because the more difficult Lao Mei's life is, the more he will be bad and create global trade barriers. But the mainland is implementing a strategic shift in its center of gravity, from the United States to Latin American countries. In addition, more than 100 countries around the world are now responding to China's Belt and Road Initiative. Moreover, the mainland is still going all out to promote domestic demand.
It can be said that these cards of the mainland will only make the United States more passive in the next economic game.
Author: Li Yunfei, founder of a large Internet company, CEO of a large food chain enterprise, engaged in the Internet and physical chain industry for 20 years, has been reported by Sohu.com, Netease Finance, Tencent, Phoenix.com, Zhongxun.com, Baidu and other well-known media platforms, good at financial knowledge analysis, entrepreneurial guidance!