Tesla's furious rally pushes market value past $100 billion

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Tesla crossed $100 billion in market valuation for the first time in a stunning rally that has seen its stock more than double in the past three months

- Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co and General Motors Co combined.

“The skeptics have been proven wrong, and the $100 billion market cap is sending the bears into hibernation mode.” “The liquidity concern for now is off the table, and that opens up the ... base to new investors,” said Ben Kallo, senior research analyst at Robert W. Baird & Co., which on Jan. 9 downgraded its rating on the stock to neutral.

The $100 billion market capitalization needs to stay for both a one-month and six-month average in order to trigger the vesting of the first of 12 tranches of options granted to Musk to buy Tesla stock.

 

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Who would ya be thought🤔a South African boy setting up an production company in the US that surpasses old established behemoths such as ford and GM combined😳🙌🏾👏🏾👏🏾

Why doesn't Tesla buy Ford this seems like the perfect acquisition. Maybe I'm wrong.

$Tsla makes a lot of sense. Because there are electric outlets everywhere. As long as you remember to plug it in before you go to bed, and unless you go on a longdistance trip, you do not have to worry about long charge times. But now also many shopping malls offer charging.

Well, Enron Musk is playing a dangerous game by building up this bubble.

This market value is a clear indication for a hyper inflated and simply opportunity driven market which gets every day closer to gambling practices

What happens when the big boys step in and offer competition?

It's worth more than each of the other American car companies? Amazing.

Gee.. congratulations on that and not having to pay taxes. FUBillionaires

Insane

we knew it would get there eventually. getting volume production in line was the key.

Hope they didn’t pay a cent in taxes, we gotta keep this jobs creator happy!

ugly design and no variety but $100 billion in capitalisation...$tsla is sht!

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