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Tesla market value soars almost $300 billion in a month after deals with GM, Ford - Autoblog

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Tesla market value soars almost $300 billion in a month after deals with GM, Ford

Tesla's stock is on a tear again, with Elon Musk's electric-vehicle maker adding an eye-popping $287 billion in market value in just the past month.

That's boosted the EV maker's market cap to $813.9 billion, from $527.2 billion as of mid-May, according to Refinitiv data. "Tesla aspires to be as helpful as possible to other car companies. We made all our patents freely available several years ago," Musk said in a ."For Tesla, we believe this is a large monetization opportunity for the company in its supercharger story, adding to its growing sum-of-the-parts valuation," analyst Dan Ives wrote in a recent note. will also help spur demand for Tesla vehicles, further boosting the company's upward trajectory.

 

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Tesla's market value soars almost $300 billion in just a monthTesla's market value soars almost $300 billion in just a month as deals with GM, Ford supercharge the EV maker's stock
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