Musk’s worth has shrunk by more than $ 12 billion in three weeks.

Musk, who said the risk of a new crown outbreak is lower than that of a car accident, is being beaten.

A few days ago, Tesla officially started the delivery of Model Y in North America. This progress was six months ahead of Musk’s expected time last fall. The first delivery was in Utah, USA.

As a fully electric crossover SUV, the Model Y is highly anticipated. Panoramic sunroof, electric tailgate, Type-C interface … Easter eggs were dug out one by one.

Model Y has previously been criticized as just a “plus version of Model 3”, but it has 75% closer to Model 3 but has more space, which is one of its selling points. Comparing the body size of the latter 4694mm, 1850mm and 1443mm, the length, width, and height of the Model Y are 4750mm, 1921mm, and 1624mm, respectively. These are not much different from ordinary mid-size SUVs, and have a large-caliber opening and closing trunk, which greatly compensates The small opening of the Model 3 is inconvenient.

Frontline | Tesla Model Y delivered ahead of time, but the stock price plummeted 50% to drive a roller coaster

Model Y on the move 丨 Source: Tesla’s official website

The larger it gets, the heavier it gets. According to official data, the long-duration dual-motor version weighs about 2003kg, but this version of the EPA has a range of 315 miles. You do n’t even need to consider OTA for mileage upgrades in the future. It ’s just comparing other competitors with the same size and the same weight. The parameters are also remarkable.

At last year ’s press conference, storage space and load capacity have been repeatedly mentioned by Musk. The Model Y does emphasize this point: there are multiple layers of covered compartments in the trunk and it is deeper than the Model 3’s trunk, and it has an electric door that can easily unload heavy loads.

Frontline | Tesla Model Y delivered ahead of time, but the stock price plummeted 50% to drive a roller coaster

Stunning trunk capacity 丨 Source: electrek

In the user manual , including its Detailed description of the second row of seats that can be easily folded flat:

“Model Y can accommodate up to three passengers in the second row. Use the adjustment handles outside each outboard seat position to adjust the corresponding backrest. While pulling and holding the handle, move the seat back to the required Position, and then release the handle. Make sure the seat back is securely locked in place by pushing the seat back forward and backward. “

Frontline | Tesla Model Y delivered ahead of time, but the stock price plunged 50% to drive a roller coaster

The second row of seats can each be put down individually. Source: Tesla User Manual

It’s not enough just to experience improvement. There are various signs that Model Y is more able to adapt to harsh conditions. Previously it was exposed for road testing in the snow in the Sierra Nevada, and at the same time it can turn off-road mode. Another hot feature of the outside world is the use of heat pump air conditioners. It is reported that heat pump air conditioners ensure that they can improve heating efficiency in winter with lower temperatures and greater resistance, thus reducing energy consumption and driving range It will be less affected by the resistance heating system and remain stable. This will allow Tesla models, already fearless of cold, to perform better in extreme weather.

Frontline | Tesla Model Y delivered ahead of time, but the stock price plunged 50% to drive a roller coaster

Air conditioner with heat pump 丨 Source: electrek

At present, according to the official website of Tesla China, the pre-sale price of the Model Y long-range all-wheel-drive model is 488,000 yuan, and the Performance high-performance version is 535,000 yuan. even ifThe Shanghai plant has confirmed that Model Y models will also be put into production in the future. Given the official timetable for mainland China to start production as soon as 2021, this price is expected to be relatively stable for some time.

As a Tesla, the lack of innovative Model Y is not enough “Tesla”; but as a fully electric cross-border SUV, Model Y may have an indispensable transformation halo in the Tesla product matrix . In four years, Tesla has expanded from selling only one model to four models: Model 3, Model Y, Model S, and Model X. The market generally believes that the Model Y will be its best-selling model in the future.

From launch to delivery, Model Y only took one year. Foreign media estimate that Tesla’s productivity is currently about 40,000 electric vehicles per month. Compared with the constant bouncing of the Model 3, the mass production of the Model Y is also one of the evidence of its maturity.

However, the market environment is unsatisfactory. With the recent plunge in international oil prices, Tesla’s stock price has also started a “furious model”. Although in the long run, the transformation of the energy structure is imperative, but a drop in oil prices over a period of time will reduce the cost of fuel vehicles and impact electric vehicle sales.

Because of the new crown epidemic’s suppression of global car market demand, Morgan Stanley has cut Tesla’s sales forecast for this year by nearly 10%, from an estimated 500,000 to 452,000. According to estimates, Tesla’s sales in Europe this year may drop by about 10%.

Tesla’s stock price was still at an all-time high of 969 US dollars / share just 40 days ago. As of last Friday, its three consecutive days have fallen to 546.62 US dollars, and its total market value has shrunk to about 100 billion US dollars.

Tesla surpassed BYD last October to become the world’s largest electric vehicle manufacturer. Recently, Tesla surpassed Boeing to become the highest valued industrial company in the United States. On March 11, when Musk revealed that he planned to build a model Y plant on the East Coast of the United States at about the same time, Tesla withdrew about 30 US employees working at the Berlin Super Factory because of the new crown virus problem. This is The construction of the plant has been blocked again due to environmentalist protests and government policy controls . According to the plan, Tesla’s second overseas super factory should have started delivering Model Y in 2021. It seems that attacks like Tesla will inevitably slow down before the global epidemic.

Cover image source: electrek