[Hot] Tesla's stock price soared, what is the mystery behind Musk's visit to China?

• Tesla CEO Musk visited China again after three years, which aroused the attention and speculation of all parties.
  
  He conducted in-depth exchanges with government departments, entrepreneurs, employees, etc., and inspected the development of batteries, energy storage, and automobiles.
  
  He showed his importance and gratitude to the Chinese market and employees, and expressed his confidence and expectations for future development.
  

  

  
  
• Musk's two-day visit to China has achieved remarkable results in terms of stock price, social value, and cooperation. His wealth reached 192.3 billion U.S. dollars, surpassing Bernard Arnault, the founder of luxury goods giant LV MH, and once again ascended the throne of the world's richest man.
  
  Tesla's stock price has also been rising all the way, and its market value has soared by more than 240 billion.
  
  
• There are multiple mysteries behind Musk's visit to China. He should not only deal with the difficulties and challenges existing in the current market environment; but also grasp the potential and hope contained in the future market opportunities.
  
  He should not only maintain a good and stable relationship with existing partners; he should also seek deeper and wider cooperation with potential partners.
  
  
  
• The most notable of these was his meeting with Zeng Yuqun, Chairman of Ningde Times. It is rumored that the topic of the chat between the two parties is the supply of power batteries. Batteries are one of the core components of electric vehicles.
  
  There is a close and complex partnership between Tesla and CATL. There is both competition and cooperation between the two.
  
  

  

• The meeting between Musk and Zeng Yuqun may involve the following three aspects:
  
  
• Mass production of 4680 batteries:
  Tesla launched a new cylindrical lithium-ion battery 4680 last year, claiming that it can increase the cruising range by 13% and reduce costs by 16%.
  However, due to the difficulty in achieving production and performance goals, Tesla decided to postpone the commercial mass production of the 4680 battery until 2024. The Ningde era has taken the lead in mass-producing Kirin batteries, and released the world's first zero-assistant light-storage fusion solution in March this year. Therefore, Tesla may seek to cooperate with Ningde Times to get support in terms of technology and supply.
  
  
  
• Shanghai energy storage super factory construction issue:
  Tesla said in April this year that it will build a new "super factory" Megafactory in Shanghai, which will specialize in the production of the company's energy storage product Megapack. Megapack is a commercial energy storage battery launched by Tesla in 2019.
  It can be used to store renewable energy and provide a stable and reliable power supply. The Ningde era also has rich experience and technology in the field of energy storage.
  Therefore, the meeting between Musk and Zeng Yuqun may also involve the supply of energy storage cells at the Shanghai Energy Storage Super Factory, the high-temperature cell technology of the Ningde era, and the cooperation opportunities between the two parties in the field of energy storage.
  

  

  
  
• Cooperating to build a factory in North America:
  According to foreign media reports, Ningde Times is considering building a US$5 billion factory in North America to facilitate the supply of Tesla and other electric vehicle manufacturers nearby.
  The plant is targeting an annual production capacity of up to 80 GWh, and the plant will eventually employ around 10,000 people.
  Bloomberg reported that Tesla notified the White House of its plan to build a factory in cooperation with CATL, seeking clarification on the impact of the Inflation Reduction Act on the plan.
  If Tesla and CATL build factories in the United States, they can avoid these trade barriers and reduce costs and risks.
  
  
  
• Musk's visit to the Shanghai Super Factory late at night is also of great significance.
  
  He may be to check the mass production and quality standards of the new Model 3 and Model Y, and to communicate and communicate with production line employees.
  
  He may also be to inspect the progress and effect of the expansion plan of the Shanghai super factory, and to express his confidence and gratitude to the Chinese market and employees.
  
  
• In short, Musk visited China for two days and achieved remarkable results in terms of stock price, social value, and cooperation.
  
  He showed his importance and gratitude to the Chinese market and employees, and expressed his confidence and expectations for future development.
  
  There are multiple mysteries behind Musk's visit to China, which deserve our attention and consideration.