It is reported that on February 22, Tesla opened at $762.64 in the U.S. stock market, but after a slight rise, it began to go all the way down, and finally closed at $714.5, down 8.55%. Its market value also fell into the $700 billion mark, currently at $685.82 billion.

As a new car making force in the same camp as Tesla, car companies such as Weilai, Xiaopeng and ideal have not avoided the embarrassing situation of stock price crash.

As a matter of fact, not only did the U.S. auto sector change, which led to a sharp drop in the share prices of related auto companies, but also great wall and BYD had a sharp drop in the domestic A-share market and Hong Kong stock market. In the A-share market, Great Wall Motor fell 7.68% to 35.48 yuan, and BYD fell 6.06% to 225 yuan.

And tomorrow, we will pay close attention to the trend of the stock price of these new energy vehicle head companies in the capital market.