On December 14th, Tesla (TSLA, stock price: $436.23; The total market value of $1.400 trillion will increase the price of the Model S model in the US market from $74990 to $79990, and the price of the Model S Plaid model from $89990 to $94990, both with a price increase of $5000.
This price adjustment has undoubtedly attracted widespread attention from the market and consumers. As a leader in the electric vehicle industry, Tesla's every move affects the nerves of the entire industry. As Tesla's flagship model, the Model S has always been highly praised for its performance and configuration, and this price increase may be related to various factors such as production costs, market demand, and company strategy.
From the perspective of stock price, as of the close of December 13th Eastern Time, Tesla's stock price reached $436.23 per share, setting a new historical high with a market value of $1.4 trillion.
Tesla did not provide a specific explanation or clarification regarding this price change. However, market analysts believe that with the continuous advancement of electric vehicle technology and increasingly fierce market competition, Tesla, as an industry leader, needs to constantly adjust its product strategy to maintain a competitive advantage. This price increase may be Tesla's efforts in responding to market changes and optimizing product structure.
For consumers, the price increase of Tesla Model S series undoubtedly increases the cost of purchasing a car.
Recently, Tesla has launched a series of big moves in the Chinese market.
On December 13th, Tesla's official Weibo account announced the launch of the "Advanced Smart Summoning (ASS)" function, which supports automatic parking of vehicles from various parking spaces such as horizontal, vertical, and diagonal. Users can remotely "summon" vehicles through the mobile app.
It is understood that the above functions are applicable to vehicles equipped with EAP (Enhanced Autonomous Driving Assistance) and FSD (Fully Automated Driving Capability). For car owners who trade in their old cars to purchase Tesla, they can enjoy a free 90 day EAP trial experience.
On November 25th, Tesla launched a final payment discount campaign in China. From November 25th to December 31st, Tesla Model Y rear wheel drive and long-range all wheel drive models will have a final payment discount of 10000 yuan, starting at 239900 yuan, and can also choose a 5-year zero interest financial plan.
Tesla stated that under the policy of "limited time delivery and immediate reduction of 10000 yuan in final payment", combined with a 5-year zero interest financial plan and national and local new energy "trade in" subsidies, buying an electric vehicle can directly save at least 50000 yuan. According to incomplete statistics from reporters, Tesla has conducted at least 6 price reductions or promotional activities in the Chinese market since the beginning of this year.
The multiple price reductions in the Chinese market have also contributed to Tesla's sales. According to data from the China Association of Automobile Manufacturers, Tesla's wholesale sales in China reached 78900 units in November 2024, setting a new high for the year. In December, Tesla's momentum did not diminish. During the week of December 2nd to December 8th, Tesla's sales in the Chinese market reached 21900 units, setting a record for the highest weekly sales since the fourth quarter of this year.
According to Forbes' real-time ranking, Musk's net worth reached $439.4 billion (approximately RMB 3.2 trillion) on December 14th, firmly ranking as the world's richest person. Compared to Jeff Bezos, the world's second richest person with $241.2 billion, Musk's net worth is almost "cliff leading".
Musk's net worth has skyrocketed, mainly due to Tesla's stock price hitting a new high. On December 10th, US time, Musk said on social media, "If Tesla really becomes the world's most valuable company to date, these short positions could even bankrupt Bill Gates
The rise in Tesla's stock price mainly occurred after the dust settled on the November US election. According to CCTV News, on December 6th local time, according to a document released by the Federal Election Commission on the evening of the 5th, Elon Musk, CEO of Tesla and SpaceX, donated $259 million to groups supporting Trump's 2024 campaign, becoming one of the largest presidential sponsors in American history.
Since the end of 2022, Musk's wealth has undergone a dramatic transformation, with his net worth dropping by over $200 billion at one point. But after Trump won the election, as his biggest benefactor, Musk's net worth immediately skyrocketed.
Daily Economic News: Comprehensive Tesla official website and public information
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