After the penetration rate of new energy vehicles in China gradually approaches or even exceeds 50%, where is the growth momentum for new energy vehicle companies? If the momentum is insufficient, the market capitalization will start to converge with the valuation methods of traditional automakers 🤣 Tesla's market cap is $468.3 billion, while Toyota's is $310.2 billion—the gap between the two has never been this close 👀 Previously, it was a difference of $1 trillion and $200 billion.