Wall Street has experienced a severe market shock, with the three major U.S. stock indices all declining.

Tesla plummeted by 5.59%, with a loss exceeding 220 billion RMB.

Is the crisis in the U.S. upon us?

So why is it said that an even greater crisis for the U.S. is yet to come?

And how will this affect our country's economy?

The Dow Jones is currently down by 0.65%, the Nasdaq by 1.79%, and the S&P 500 index by 1.2%.

It can be said that U.S. technology stocks are now in a slump.

Apple, Amazon, Netflix, Google, Facebook, and Microsoft are all affected.

Tesla, in particular, has seen a drop of over 5%, erasing $30.4 billion, equivalent to 220 billion RMB, overnight.

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This event came so suddenly that it caught everyone off guard!

Of course, this is related to the recent data released by the U.S.

According to the data, U.S. retail sales rose by 0.7% month-on-month in March, reaching a new high since September last year.

On the surface, this increase is a good thing, indicating a strong U.S. economy!

However, we must understand that those who know how to read the market see the trends, while others just watch the spectacle.

After Yellen's fruitless return, what is the U.S. doing?

It can be said that the U.S. is trying every means to disrupt the balance of the global industrial chain.

Against this backdrop, is this economic growth sustainable?

Moreover, U.S. inflation has not been fundamentally curbed, and at this time, increased demand could mean that future inflation is very likely to rebound.

The eyes of global investors are sharp, and the U.S. stock market's decline is a testament to this.

It reflects the increased uncertainty about the U.S. future and concerns about U.S. inflation and economic growth.

On the contrary, global gold prices are rising steadily, becoming the most ideal hedge asset for everyone.

It is worth mentioning that Tesla has already accumulated a decline of over 30% this year, a continuous fall indeed!

Of course, in addition to the above reasons, it is also greatly related to Musk's announcement of a global layoff.

Just last month, after Lei Jun launched the Xiaomi SU7, Tesla finally could not hold on and introduced a zero-interest installment car purchase plan.

It can be said that as domestic cars rise, Tesla's current advantages are becoming less and less obvious, and the cost-performance ratio is getting lower and lower.

This is exactly what Yellen is worried about.

So, instead of talking about the fallacy of overcapacity, it is better to ask oneself, where is your advantage?

Now even the new energy vehicle giant Tesla is facing the embarrassment of large-scale layoffs.

One can imagine what will happen to foreign fuel vehicles next?

This is the reason why Germany can disregard the U.S.'s face and state that the German market welcomes Chinese cars.

Because if they do not cooperate, their situation will only get worse.

The crisis in the U.S. has indeed arrived.

So why is it said that an even greater crisis for the U.S. is still ahead?

That is because with the rise of Chinese technology, the U.S. feels unprecedented pressure.

And the more so, the more the U.S. wants to promote its own development by decoupling and disrupting the global industrial chain balance.

However, this behavior is not supported by the global community, and this is the fundamental reason why global investment institutions worry about the unsustainability of the U.S. economy.

It can be said that if the U.S. continues to act unilaterally, the U.S. economy will enter a vicious cycle, and the crisis in the future will only get bigger.

So what impact will the U.S. crisis have on our country's economy?

From an industrial perspective, Tesla has now opened the Pandora's box of large-scale layoffs by global technology giants.

It can be said that next, global technology companies will enter an elimination round, especially in the automotive field.

Of course, Chinese car companies are no exception.

Affected by the sharp decline in the U.S. stock market, the stocks of Chinese car companies such as NIO, XPeng, and Li Auto have also declined.

But this is not a bad thing; it is more of a test for Chinese car companies.

With China's leading new energy technology, China will surely produce world-class car brands in the future, going global and competing face-to-face with American and European companies.

From an environmental perspective, as I have said before, these years are crucial because the harder the U.S. finds it, the more it will cause trouble and create global trade barriers.

However, China is implementing a strategic shift from the U.S. to Latin American countries.

In addition, more than 100 countries around the world are now responding to China's Belt and Road policy.

Furthermore, China is making every effort to promote domestic demand.

It can be said that these moves by China will only make the U.S. more passive in the upcoming economic competition.