Overnight, Tesla evaporated a staggering $220 billion in market value under the short-selling behavior of Wall Street financial giants!
This is tantamount to overnight, a new energy vehicle company from scratch disappeared out of thin air. In the tide of scientific and technological innovation and development, Tesla is undoubtedly a dark horse, what is going on?
The financial predators are surging
Tesla's plunge is no accident. In fact, in 2022, some financial giants on Wall Street have already targeted Tesla, intending to short the new energy vehicle giant. At that time, well-known institutions such as Chanos Capital and JPMorgan Chase had already begun to short Tesla. They put a lot of money into shorting Tesla stock in an attempt to achieve their goal by manipulating the stock price.
At that time, Tesla's development was in a period of rapid growth, and even if these Wall Street predators tried their best, they could not make Tesla's stock price fall. What's more, Musk is very witty to build Tesla's largest factory in Shanghai, which is a good drama that pushes the boat smoothly, not only not being defeated but adding a thick wall to himself. To a certain extent, it avoids the short-selling risk of Wall Street giants.
Despite the loss of the first offense, Wall Street's financial institutions did not stop there. Instead, they just hibernate for the time being, waiting for the right moment to strike again.
China's new energy vehicle companies take off
The reason why Wall Street is locked in Tesla again is the rapid development of new energy vehicle companies in the mainland. In the past few years, the development of emerging brands related to electric vehicles in China has been visible to the naked eye. Trams on the mainland quickly spread to the domestic market and expanded overseas.
The rapid development of China's new energy vehicle companies has undoubtedly brought unprecedented pressure to foreign car companies. For a time, Tesla encountered fierce competition in the Chinese market, and its dominance in the global market began to waver.
This is exactly what Wall Street's financial class expected. They believe that with the rise of China's new energy vehicle companies, Tesla will sooner or later fall into trouble. They are staring at the market, and when the time comes, they can take advantage of the fire and make huge profits by shorting Tesla.
The crisis has been exacerbated by a sharp policy turn
What made the Wall Street financial class get what it wanted was the sharp decline in the subsidy policies for new energy vehicles in Europe and the United States. In order to protect the local auto industry, many countries in Europe and the United States have begun to cancel subsidies for new energy vehicles and resume support for traditional fuel vehicles instead. This drastic shift in policy has dealt a heavy blow to NEV companies, which are highly dependent on policy support.
It is conceivable that Tesla, as a pure electric vehicle company, has been hit even harder. Tesla's sales have suffered a heavy setback in major global markets, and in China, an important market, Tesla is also facing competition from local automakers.
Wall Street predators who took advantage of the situation quickly sniffed this perfect opportunity to short Tesla. Chanos Capital, JPMorgan Chase and others have been fully prepared, and then financial institutions such as Wells Fargo and UBS have also joined the ranks of shorting Tesla, issuing various negative research reports to devalue Tesla.
Wall Street shorts Tesla in disguised form to hit China's development?
Under this frenzy, it is inevitable that Tesla will suffer a heavy blow. Up to now, Tesla has evaporated about $220 billion in market value, shrunk by about 4 trillion yuan from its all-time high, and wrote off the value of an ideal car company overnight.
In the face of such heavy losses, the outside world can't help but speculate: Do Wall Street financial predators have ulterior motives for Tesla's sniping?
After careful analysis, it is not difficult for us to find that there are indeed some conspiracy theories behind it. Tesla has the world's largest factory in Shanghai, and 60% of its components come from Chinese suppliers every year. Tesla's development and growth has undoubtedly promoted the development of China's related industrial chains. Restricting China's development has been precisely the strategic goal of the United States and other Western countries.
The rise of China's new energy vehicle companies has undoubtedly impacted the monopoly position of traditional European and American car companies in the global market. In order to regain the initiative, European and American countries naturally hope to stifle China's new energy vehicle industry and return to the "home field" of internal combustion engines to continue to maintain the lead.
Wall Street's financial tycoons and Western governments coincide in their strategic goal of containing China's development. Shorting Tesla can not only allow them to make huge profits, but also suppress the development of China's new energy vehicle companies and even the entire Chinese manufacturing industry in disguise.
The plunge in Tesla's stock price will inevitably have a certain impact on China's new energy vehicle companies. But it doesn't have to be a negative impact.
On the one hand, Tesla has a huge industrial chain in China, and its decline will inevitably impact upstream and downstream enterprises to a certain extent. But on the other hand, Tesla's weakness has also created a rare opportunity for Chinese automakers to expand overseas markets. Without the suppression of Tesla, Chinese brands will have more opportunities to give their hands on the international market.
What we should pay more attention to is that the conspiracy of Wall Street to besiege Tesla reflects the wariness and fear of the rise of China's technological power in the Western world. This irrational operation is exposing their fear of China's development.
What do you think of this narrow wrestling around Tesla and the development of China's new energy vehicle companies? Welcome to speak freely in the message area and collide with me in thought. I look forward to discussing this topic with you and jointly finding China's development path! Your views are also an inspiration to me, let us work together with an open and inclusive attitude to contribute to China's tomorrow.
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