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After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

author:Uncle King of Dump Garden
After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

Text: Xiaoxin, who is full of vitality

Editor|Uncle Wang of the Dump Garden

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In the early morning of April 25, 2024, the share price of electric vehicle giant Tesla rose by leaps and bounds, rising by more than 12% in a single day, increasing its market value by 55.6 billion US dollars (about 402.8 billion yuan), successfully returning to the market value mark of 500 billion US dollars. This is the largest one-day increase in Tesla's stock price since January 2022.

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The sharp rise in the stock price was partly due to the market's positive response to Tesla's future product plans. In an earnings call on the same day, Tesla CEO Elon Musk announced that the company plans to launch a more competitively priced economy model "Model 2" in 2025. According to reports, the new car will be manufactured using the existing production line, without the need to build a new plant, which will not only shorten the time to market, but also significantly reduce costs.

After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

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It is widely believed that Tesla's strategic adjustment will help the company better cover the low-end market and enhance the mass appeal of its products. The stock market's reaction also validates the popularity of this strategy, with Tesla's market capitalization growth seen as an optimistic expectation of investors' future growth potential.

After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

Image source network

Let's take a look at the comments of netizens

After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022
After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022
After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022
After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

The public and media have responded enthusiastically to Tesla's latest developments, especially the discussion of the "Model 2" plan. Many consumers and industry observers are looking forward to the availability of Tesla products at a lower cost, and are optimistic about the popularization of electric vehicles.

After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

Image source network

Tesla's share price rise and the preview of its future products not only reinforces its leading position in the electric vehicle market, but may also bring new growth momentum to the entire industry. The market and consumers continue to pay attention to Tesla's future development, and expect it to play a greater role in providing more economical and environmentally friendly options.

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After the big layoffs, Tesla rose 402.8 billion overnight, the largest one-day increase since January 2022

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