Tesla's stock price dropped by 3.78% to close at $406.01 on February 4th local time, resulting in a staggering single-day market capitalization loss of $59.84 billion (approximately 415.4 billion yuan).
According to data from the China Passenger Car Association, preliminary statistics for January 2026 show Tesla's wholesale sales in China reached 69,129 vehicles.
On January 29, 2026, Beijing time, Tesla officially released its financial report for the fourth quarter and the full year of 2025. In 2025, Tesla's core automotive business faced significant pressure. The company produced approximately 1.655 million electric vehicles globally and delivered 1.636 million, representing year-on-year decreases of 6.7% and 8.6% respectively. Total annual revenue was $94.827 billion, down 3% year-on-year, while net profit plummeted 46% to $3.794 billion.
Media reports indicate that according to the Forbes real-time billionaire list, Elon Musk has become the first person in history with a net worth exceeding $850 billion (approximately 5.92 trillion yuan), marking him as the first individual to cross the $800 billion wealth milestone.
Elon Musk's aerospace company, SpaceX, has completed the acquisition of artificial intelligence startup xAI. This transaction values xAI at $1.25 trillion (with SpaceX valued at approximately $1 trillion and xAI at around $250 billion). The deal was finalized ahead of a potential heavyweight initial public offering by SpaceX later this year. Musk announced the transaction on his blog on February 2nd local time, stating that the primary purpose of the merger is to better construct an "orbital data center."
This acquisition directly added $84 billion to Musk's net worth, making SpaceX his most valuable asset.
Separately, according to reports, the Paris Prosecutor's Office in France stated that on February 3rd local time, it had conducted a search of the French offices of X, the social media platform owned by US entrepreneur Elon Musk.
It is reported that this action is part of an investigation initiated by the Paris prosecutor's cybercrime unit in January 2025. The investigation is being carried out by the French National Gendarmerie's cybercrime division with the cooperation of Europol present. At the end of 2025, the European Commission had fined the X platform 120 million euros for reasons including misleading users through the design of its "Blue Checkmark verification" interface.
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