Reaching the age of thirty, my income randomly doubled

He had waited eight years for this day.

The release of the Longteng S700 truly ignited public opinion, and it wasn't even controlled by Tengying Group.

It was the genuine evaluations from car critics.

There is a particularly severe phenomenon online where Tesla gets criticized at will, but no matter how it's criticized, offline sales have never lost.

Two models rule the market.

As for domestic models, whoever dares to criticize online could easily receive a legal summons.

This is actually not conducive to a company's long-term development.

It can only allow people to choose in the short term through marketing and all kinds of positive news.

Companies that cannot correctly obtain user evaluations will have a hard time saying they will definitely develop well in the future.

Chen Pingsheng himself allowed online evaluations without imposing restrictions.

Of course, if someone hasn't even driven the car and just talks nonsense online, they could easily become a defendant.

No company would allow such a situation to happen.

The earliest release of the Longteng series was the million-yuan model, and now it is moving down to a compatible market.

There is a strange phenomenon in the car market: once a brand's position is established, moving down is very easy.

But trying to pry open the market upward is not just ordinarily difficult.

Is Volkswagen powerful? Porsche, Lamborghini, Bugatti, Bentley, Audi, and other brands are all under its umbrella.

With this strength, making a million-dollar model certainly wouldn't be worse than the Mercedes-Benz S-Class.

But the fact is, the Volkswagen Phaeton was discontinued after a few years.

A typical case of a brand not keeping up with the price level.

The Longteng S900 accumulated a batch of early high-end customers, and now the release of the mid-to-high-end pure electric model Longteng S700 has exploded the market.

The main reason is that it is indeed the best choice below the million level.

Spending more than 200 billion, pooling the core advantages of three major groups, the Longteng S700 is hard not to explode.

Market value is actually the best reflection of the capital market, no matter how companies outside promote themselves as surpassing Apple.

Apple's annual net profit of over 100 billion US Dollars can give it a market value of over 3 trillion US Dollars.

Even if Samsung's sales are much higher, its market value is not on the same scale.

The same reasoning can be applied to Tengfei New Energy Cars and Tesla.

I have to admit, selling Tesla stock early seems like a mistake, as its market value has now reached 1.3 trillion US Dollars.

While Tengfei New Energy only recently reached 600 billion RMB, which is not even one-tenth of Tesla's.

The gap is unimaginably large.

The small goal for the next five years is to achieve half of Tesla's market value.

Don't be fooled by how simply it's stated; that's still a real 600 billion US Dollars.

The largest market value domestically, Tencent, is not even half of Tesla's market value.

Even if the technology giant Huawei goes public, based on Chen Pingsheng's estimation, it will definitely cause a frenzy among retail investors initially.

Under the greatly heightened expectations for the stock price, its market value will only be between 500 billion and 700 billion US Dollars.

This is with greatly increased expectations, considering Huawei's annual net profit is just over 80 billion.

Domestically, it is undoubtedly the leading technology company, and globally, it is also a top technology giant.

But it still falls quite short of the peak.

Not to mention saying that going public equals the sum of Apple, Tesla, and NVIDIA.

Chen Pingsheng even doubted for a moment that the online experts saying this are typical black hats.

Otherwise, how could someone be so foolish to make such a judgment? Isn't this obviously inviting criticism?

Apple cuts over 90% of the global smartphone market's net profit every year, making its world-leading market value no joke.

Tengfei New Energy still needs to develop for at least five more years to have the possibility of reaching half of Tesla's market value.

Even so, this is already an incredible achievement.

Running a company requires being more pragmatic, and in this regard, Chen Pingsheng considers himself quite competent.