News Formal

Tesla overtakes Volkswagen as world's second most valuable carmaker | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Tesla has overtaken Germany’s Volkswagen as the world’s second most valuable carmaker behind Japan’s Toyota, as the meteoric rise in the US electric vehicle maker’s shares reshuffles the global market.

INTERNATIONAL -

The carmaker's stock has more than doubled in value in the last three months, with its market capitalization piercing $100 billion on Wednesday, a first for a listed US automaker. During the rally, its value has leapfrogged more established global rivals: Honda, BMW, General Motors and Daimler. On Wednesday, it eclipsed VW’s $99.4 billion value.The recent gains have been fueled by a surprise third-quarter profit, progress at a new factory in China and better-than-expected car deliveries in the fourth quarter.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 46. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Sky’s the limit as Tesla targets mass marketElectric carmaker’s share price soars as company plans higher production
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Samsung unveils 3 new devices in SA including the Galaxy Note10 Lite | IOL Business ReportSamsung South Africa has unveiled the Galaxy A71 and Galaxy A51, the latest additions to the popular Galaxy A Series, as ...
Källa: IOL - 🏆 46. / 51 Läs mer »

Uptick in fuel price could cost consumers at the tills in first quarter | IOL Business ReportConsumers might have to fork out a little more at the tills in the first three months of this year, as the fuel price is expected to continue pushing up headline Consumer Price Index inflation. busrep
Källa: IOL - 🏆 46. / 51 Läs mer »

New low-cost iPhone to enter mass production in February | IOL Business ReportThis will be the first lower-cost iPhone model since the iPhone SE. It will look similar to the iPhone 8 from 2017 and include a 4.7-inch screen. busrep
Källa: IOL - 🏆 46. / 51 Läs mer »