- Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.
The stock jumped nearly 8% in pre-market trading and it was on track to hit its highest in over a month. Analysts remained hopeful as despite a global chip shortage that has slammed the entire auto sector, various supply chain issues and rising competition, Tesla still managed to produce roughly the same amount of vehicles in the first quarter as in the fourth quarter.
“Tesla is executing impeccably. I am not surprised by the strong deliveries,” said Roth Capital Partners analyst Craig Irwin, even as he added that the stock is “egregiously overvalued.”Chief Executive Officer Elon Musk’s personal wealth has been boosted by a more than eight-fold surge in the stock’s value last year, even though its production is just a fraction of rivals such as Toyota Motor, Volkswagen and General Motors.
Unionize Tesla.
𝚆𝚑𝚎𝚗 𝚒 𝚕𝚘𝚜𝚝 𝚖𝚢 𝚓𝚘𝚋, 𝙸 𝚝𝚑𝚘𝚞𝚐𝚑𝚝 𝙸'𝚟𝚎 𝚕𝚘𝚜𝚝 𝚒𝚝 𝚊𝚕𝚕 ...𝚠𝚒𝚝𝚑 𝚝𝚑𝚎 𝚕𝚒𝚝𝚝𝚕𝚎 𝚌𝚊𝚜𝚑 𝚘𝚏 £300 𝙼𝚛s Ricardolucia226 𝚝𝚞𝚛𝚗𝚎𝚍 𝚝𝚑𝚊𝚝 𝚒𝚗𝚝𝚘 £5000 𝚒𝚗 𝚓𝚞𝚜𝚝 5𝚍𝚊𝚢𝚜 😃😃 she 𝚖𝚊de my day
LAS PEORES ELECCIONES EN LA HISTORIA DE TODO MÉXICO 🇲🇽 PARA DIPUTADOS, ALCALDES,PRESIDENTES MUNICIPALES Y GOBERNADORES SE PROPONEN CANTANTES, BUFONES,ACTRICES, JUGADORES DE FUTBOL,REYNAS DE BELLEZA,Y TODOS ESTOS SIN CONOCIMIENTO Y EXPERIENCIA DE LA ADMINISTRACIÓN Y LEGISLAR🇲🇽
Illegal labor practices, horrible quality control, and being able to print your own money is kind of amazing for a business
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Source: Variety - 🏆 108. / 63 Read more »