News Formal

Tesla’s market cap is now bigger than Ford’s was at its peak

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Tesla’s market cap has eclipsed that of Ford at its peak

Tesla Inc. is as big as peak Ford Motor Co., with the Silicon Valley electric-car maker stock poised to hit another record on Tuesday.

Tesla has been the No. 1 U.S. auto maker in terms of market valuation off and on in the recent past, but it is the first time its market cap has topped Ford’s F, -0.22% at its highest valuation. Ford is currently valued at more than $36 billion, and General Motors Co. GM, -2.65% is valued at $50 billion.

Tesla was showcasing the delivery of the first Model 3 sedans made at the company’s plant in the Shanghai area.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And yet there are far fewer Teslas on the road than Ford. Pathetic writer.

Very overvalued. Look at the financial statements. Only purchase stock if you are looking to speculate.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk says will design a future Tesla car in China for global marketTesla CEO Elon Musk said the company will open a design and engineering center in China. scumbag elonmusk is not concerned about quality for his Tesla products.
Source: CNBC - 🏆 12. / 72 Read more »