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Tesla is on a tear and is now the world's No. 2 automaker by market capitalization - Business Insider

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Tesla is on a tear and is now the world's No. 2 automaker by market capitalization

Tesla bested Volkswagen last week, becoming the world's No. 2 largest automaker by market capitalization.

And its soaring stock price, thanks to record sales in 2019 and a new factory in Shanghai, has sealed its place as No. 2. Its market cap hovered around $104.7 billion as of 6 p.m. ET on January 29 — up $2 billion from last week and up 40% from last month.Tesla is the No. 2 largest automaker by market capitalization last week. Its ever-soaring stock is sealing its place in the top three in the wake of an earnings beat — at least for now.

Tesla's market capitalization, as of January 29, is $104.7 billion. Volkswagen, which was No. 2 until Tesla began its stock tear, has a market cap of $84.9 billion. The No. 1 automaker by market cap is Toyota, and it's sitting at $202.3 billion

 

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I hope he allows for Caribbean dealers to get in on the action.

Without ever turning an annual profit?

Still unaffordable!

elonmusk Aye mate congrats to your company

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