according to foreign media reports, as of the close of US stocks on Monday, local time, Tesla's share price of electric vehicle manufacturer rose 11.2% to close at 1835.64 US dollars, which was the first time that the company's share price broke 1800 US dollars, a record high.
If calculated according to the closing price on Monday local time, Tesla's market value is 342.093 billion US dollars, exceeding P&G's 336.865 billion US dollars. Earlier, foreign media reported that in July this year, the number of domestic Tesla Model 3 registered in China dropped by 24% month-on-month to 11,456 vehicles. Even so, this news did not prevent the company's share price from rising.
At present, Tesla consumes domestic Model 3 in its super factory in Shanghai. It is reported that the factory currently only consumes Model 3, which is mainly supplied to the domestic market. After the trial consumption was stopped at the end of 2019, the consumption of Chinese-made Model 3 was officially on the right track in January this year. It is reported that the domestic Model 3 was commissioned from the beginning of January this year. Since it was first commissioned in January this year, it has been one of the most popular cars in China.In addition, last week, foreign media reported that Tesla occupied a leading position in the American electric vehicle market, and its Model 3 was the best-selling electric vehicle in the United States in the first half of this year. According to the data released by Clean Technica, among the best-selling electric vehicle models in the United States in the first half of 2020, the sales volume of Model 3 ranked first, with 38,314 vehicles, far lower than the 69,000 vehicles in the first half of 2019, but it was nearly 5 times that of Chevrolet Bolt(8370 vehicles) and 13 times that of Nissan leaf (3,006 vehicles). Last Tuesday, Tesla announced that it planned to split its shares at a ratio of 1: 5, and this news also boosted the company's share price. In the after-hours trading of the day, the company's share price rose by nearly 7%. Stock splits is a way for enterprises to make it easier for retail investors to obtain shares, which may attract individual investors who stop buying and selling small amounts.