Jump to content

Elon Musk thinks Tesla is just beginning to get big


Recommended Posts

Guest Yoni Heisler
Posted

68358169eedc694a7b71368c476fb752.jpg

Tesla shares have been on a rampage lately. Over the past six weeks, Tesla's stock price has skyrocketed 25%, with shares currently trading in the $304 range. With a market cap of nearly $50 billion, Tesla is currently more valuable than Ford -- which has a market cap of $46 billion -- and is close to surpassing GM which currently boasts a market cap of $51 billion. Predictably, Tesla's valuation has elicited ridicule from critics who can't help but point out that Tesla in 2016 delivered 76,230 vehicles. In stark contrast, Ford during the first half of 2016 alone delivered 1.35 million cars to customers.

 

Continue reading...

 

Trending right now:

 

  1. Someone rendered that leaked iPhone 8 design, and it looks even worse than we thought
  2. The Galaxy S8 is cheaper than it should be, thanks to Samsung’s screw-up
  3. 5 of the hottest devices out there are on sale at all-time lows on Amazon

38e9a49c5dd14c6dcd088b8f04e1188a._.gif

 

Via BRG - Boy Genius Report

×
×
  • Create New...