The world’s richest man, Musk’s first step

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Original: Li Pengfei
Source: Alphabet list (ID: wujicaijing)
“I want to be able to contribute as much as possible to cities on Mars, which means a lot of capital.”
In an interview last month, musk said that the main purpose of his wealth is to accelerate the evolution of human beings into space civilization. He has said more than once that human beings should become a trans planet species.
On January 7, 2021, the world’s richest man changed hands. According to CNBC, Tesla CEO Elon Musk’s personal net worth rose to $185 billion on the same day, surpassing Amazon CEO Bezos as the world’s richest man.
Later, musk tweeted back to comments from netizens saying, “how strange.”. Then he commented, “well, back to work…” , Chinese microblog updated the same dynamic.
To be the richest man, musk does not mean to stop enjoying himself. “Back to work” refers to the more important thing, “human beings should become a species of space civilization and multi planet species.”.
Mascherano’s rise to the top of the world’s wealth has long been foreboding——
In September 2020, musk surpassed Zuckerberg and ranked the third richest person in the world, with Bill Gates and Jeff Bezos at the top; two months later, musk overtook gates, and Bezos was the only one in front of him.
Bezos is not a slow runner. In 2020, his wealth increased by 76.9 billion US dollars, and his net assets even exceeded the GDP of most countries on the earth.
But Musk’s wealth grew faster: Tesla’s share price soared 743% last year, thanks to continued profitability, inclusion in the standard & Poor’s 500 index, and enthusiasm from Wall Street and retail investors.
From Oriental Fortune
In 2020, Musk’s assets increased by US $140 billion, ranking first among the richest people with the largest annual increase in assets, even surpassing Bill Gates’ total net assets of US $132 billion.
Tesla continued to rise 2.8% on Wednesday, and the net asset gap between musk and Bezos is less than $3 billion. On Thursday, Tesla’s stock price stood at $800, up nearly 8%, and its market value exceeded $770 billion. Musk holds 20% of Tesla’s shares, and its value also rose by more than $10 billion. It is this jump that makes musk surpass Bezos and become the new richest man in the world.
At the beginning of 2020, Musk’s wealth is only about $27 billion, just ranked in the top 50 of the rich list, far from Bezos. In just one year, Musk’s Tesla and SpaceX have achieved many business milestones, making musk the richest man in the world.
Musk
As of January 8 local time, the US stock market closed, Tesla’s share price rose to US $880.02, with a total market value of US $834.172 billion. In the past five trading days in 2021, Tesla rose by nearly 25%.
At the same time, musk has repeatedly said that he has little interest in material and no other fixed assets or current assets other than his shares in Tesla and SpaceX.
After all, from the perspective of the goal of “emigrating to Mars”, the world’s richest man may be just the first step for musk to realize his dream.
A
Magic 2020, created the mythical Tesla and musk.
In January 2020, Tesla Shanghai Super factory began to deliver the domestic version of model 3 in bulk. Since then, Tesla has started to expand rapidly in both market and capital levels. That month, Tesla’s stock rose from $84.9 to $130.11, up 55.52%.
In February and March, the new crown epidemic began to break out all over the world, the U.S. stock market broke out three times, and even the 89 year old stock god Warren Buffett also sighed, “I’m still too young…”.
On the day of the first U.S. stock circuit breaker, the Dow Jones Industrial Average fell by 2013.76 points, or 7.79%. Tesla, as a high-end manufacturing industry, is also affected by the general environment. In February and March, Tesla’s share price went down in the shock, and fell below $100 at the lowest time.
On March 23, 2020, the Federal Reserve announced unlimited QE and began to release water. Although the epidemic situation in the United States has been downward, with liquidity, the stock market began to slow down. After April, Tesla shares began to rise all the way.
The release of water by the Federal Reserve is only an external cause, while the internal cause of Tesla’s rapid development is the decisive force to support Tesla’s stock price. In the first quarter of 2020, Shanghai Super factory produced 17000 model 3 vehicles, and showed a gradual upward trend from January to March.
In July 2020, musk surpassed Warren Buffett to become the seventh richest person in the world, and its value rose to $70 billion.
In 2020, Tesla’s Q2 revenue reached US $6.036 billion, and its net profit was US $104 million, making profits for four consecutive quarters.
The Fremont factory in the United States has recovered to the level before the epidemic, and the Shanghai model 3 production line has achieved a weekly capacity of 4000 units. The Berlin plant is under intense construction, and the Austin plant in Texas has also completed the site selection.
The good news began to push Tesla to take off. Tesla’s stock began to surpass Toyota, the car company with the largest market value, and its total market value was about to exceed $300 billion.
In August alone, musk overtook Lv’s boss and LVMH’s chairman to become the fourth richest person.
In April 2020, Bezos’ ex-wife Mackenzie announced that she and Bezos had reached a divorce agreement. Although Mackenzie gave up all the shares of the Washington Post and blue origin, retaining only a quarter of their joint ownership of Amazon, the latter was worth as much as $36 billion at that time.

In September 2020, musk overtook Zuckerberg, the founder of Facebook, to become the third richest person; in November, he overtook Bill Gates to become the second richest person.
Bill Gates, as a business legend, has been the world’s richest man for 20 consecutive years since 1995, surpassing gates, which is an important milestone of Musk’s rising value.
Every move of SpaceX and Tesla has become the focus of the market, and every progress and new achievement is pushing musk forward.
B
Musk and Bezos fight from the ground to the sky, and from the sky to the rich list.
Musk and Bezos, the “enemies”, began to have friction in 2013.
In 2013, NASA completed the last launch mission of Atlantis, preparing to auction the right to use the Kennedy Space Center 39A launch platform to a private company.
Musk’s SpaceX and Bezos’s blue origin are fighting over the lease right. Musk denounced the blue origin’s move as “false blocking strategy”, and finally won the 20-year exclusive lease of Launch Pad 39A.
In 2014, SpaceX filed a protest with the U.S. patent and Trademark Office, protesting the untenable concept of Guojian’s reuse originated from blue. The Japanese inventor Yoshiyuki ishijima had a complete discussion on this technology as early as in his 1998 paper. After about a year of review, the final ruling cancelled the patent of blue origin.
In June 2020, Amazon acquired zoox, an automatic driving company, which recently launched a model of a robot taxi. Musk said that Bezos was a “copy cat”, which not only changed cat into a cat’s Emoji expression, but also ridiculed “haha”.
One of Tesla’s long boards is automatic driving. If Bezos takes one more step, musk will have another stumbling block.
In April 2019, Bezos launched Amazon’s Kuiper global satellite broadband program, project code named “project Kuiper”, with the intention of building a global communication network constellation. Musk @ Bezos on Twitter and commented that the latter is a plagiarist. After all, our own star chain plan was put forward in 2015, with more network density and coverage than Kuiper.
On May 10, 2019, Bezos announced the moon exploration plan of blue origin, and showed the lunar lander blue moon in person. This time, musk tweeted and mocked for the first time. He posted a modified photo of “blue moon” on twitter. The name of the side of the lander was changed to “blue ball”.
Musk teases Bezos many times and is also wittily responded by Bezos.
The rocket vertical recovery technology that SpaceX has been experimenting with for many years was snatched by Bezos. Musk realized the rocket vertical recovery one month later than blue origin in December 2015, which was ridiculed by Bezos as “welcome to join the rocket recovery club”.
In the rich list, Bezos is the first to break through the $100 billion worth. In November 2017, coincided with the double 11 “black five” in the United States, Amazon’s sales soared, driving the stock price up. This is the first time Bezos is worth more than $100 billion.
Bezos
Musk was worth more than $100 billion in August 2020, about three years later than Bezos. When Musk’s net assets once exceeded $100 billion, Bezos’s net assets had reached $200 billion.
In early February, foreign media reported that Gwynne, the president of SpaceX, had a big killer in his hand Shotwell, speaking at an investor event in Miami, said the company plans to spin off its star link business and seek an IPO. If the Starlink project IPO of SpaceX, a space exploration technology company, could make musk the richest man in the world, surpassing Bezos.
Who knows, before the star chain came into the market, Tesla, with great potential, directly put Musk on the throne of the world’s richest man.
C
Tesla may not have run out of strength.
On January 4, Beijing time, Tesla announced the automobile production and delivery in Q4 and the whole year in 2020. In 2020, Tesla produced and delivered about 500000 units, fulfilling Musk’s sales commitment at the beginning of the year as scheduled.
In the quarter of 2020q4, Tesla delivered 180570 new cars, produced 179757 new cars, and finally delivered 499550 new cars from January to December. This figure is still based on “delivered to customers”, and those vehicles that have been sold and are still in transit are not included in the calculation.
The sales target of 500000 units in 2020 was first set by musk in 2014, which shows that musk has a strong control over the rhythm of business development.
On January 1, 2020, Tesla also threw out a “King bomb” and released the domestic version of model y, which was 140000-160000 lower than the estimated price. The whole domestic market was blown up by the listing of Tesla Model y, which broke through the expected 90000 vehicles on the day of listing.
In a research report released on December 21 last year, Dan ives, an analyst at wedbush securities, said that Tesla’s model 3 sold in China has a higher profit margin compared with the vehicles sold in the United States and Europe. At the beginning of 2022, sales from China may account for more than 40% of the company’s global sales, compared with about 20% at present.
According to the relevant research data of Guosen Securities, the production cost of domestic Tesla Model y is only 237900 yuan, the sales price is 339900 yuan, and the gross profit rate reaches 29.4%, which also confirms the conclusion that the profit margin of domestic models is higher than that of domestic models in the United States. It can be seen from the cost that there is still room for further price reduction in the future. In addition, model y, which is now a lithium-ion version, has more room for price reduction if it is replaced with LiFePO4 batteries.

Recently, Tesla Model y standard range rear drive model has been officially launched on Tesla’s official website. The price of its five seat model is US $41990 (about RMB 271900). If the domestic model y also launches the standard range version, it is almost inevitable that its price will enter the subsidy standard line of 300000.
In addition, Tesla will make the third model domestically in Shanghai Super factory. The new car positioning will be lower than model 3, and the price may be controlled at about 160000. In the future, Tesla will make the third model domestically in Shanghai Super factory, and mass production and delivery will be realized as soon as 2022. (Sina Technology)
Recently, a report released by Deutsche Bank shows that Tesla is expected to deliver 800000 vehicles in 2021, which is expected to grow by more than 60% year on year, and its operating revenue will reach a record high of US $46 billion.
Morgan Stanley, a well-known investment bank, recently raised the target price of Tesla’s stock from $540 to $810. However, Tesla’s share price immediately broke the $800 mark on January 7 and rose to $816.04, and even to $880.02 on January 8. The market is more positive than that of “Damo”.
Tesla’s global popularity, especially the scale expansion in the Chinese market, is supporting the development of the company’s business and share price. At present, Tesla’s market value is 834.172 billion US dollars. In the visible future of the new energy trend, trillion US dollars is not far away.
In a recent exclusive interview with US media, musk said that he hopes to be “buried on Mars” in the future. From the company he owns and the layout of the products, everything is in preparation for landing on Mars.
For example, the SN series starship SpaceX is testing can transport a large number of interstellar passengers. For example, the underground tunnel project built by boring company is preparing for the construction of an underground city for future immigrants to Mars. His brain computer interface technology explored by neuralink is paving the way for the eternal life of human beings after immigration.
Looking back on his quest for the world’s richest man, musk seems to have no big response to this event. After all, the goal of his career is his real goal.
“If you have to be buried somewhere, it’s cool to be born on earth and die on Mars.” That’s what musk said.
quote:
The richest man on the top! Musk even surpasses gates, Bezos, GM, Ford and BMW in total market value, Tencent News
Low key! Musk tweeted that he became the richest man in the world: OK, go back to work, foresight.com
Musk’s net assets once exceeded $100 billion, but only half of Bezos’s, techweb
“Tesla soared 55.52% in January or detonated A-share related industry chain? Fund managers are optimistic about the long-term configuration value of new energy vehicles! If there is any adjustment, it’s time to get on? 》, Sina Finance
Tesla’s 2020q2 financial report shows better than expected performance, hexun.com
Musk’s net assets once exceeded $100 billion, but only half of Bezos’s, techweb
“Driven by Amazon’s share price, Jeff Bezos’s fortune has exceeded 100 billion US dollars”, moving technology
Silicon Valley iron man, Ashley Vance
(statement: This article only represents the author’s point of view, not Sina’s position.)