tesla a car company worth more than toyota.

[S2007S]

So here we are again.
Tesla now worth more than Toyota.
$207 vs $202 billion.
Tesla worth more than GM, Ford and Fiat Chrysler combined.....


TOYOTA sells a gigantic 10 million cars a year, Tesla, less than 500,000.

Tesla tops Toyota to become largest automaker by market value
PUBLISHED WED, JUL 1 202011:43 AM EDTUPDATED WED, JUL 1 202012:21 PM EDT



https://www.cnbc.com/2020/07/01/tesla-tops-toyota-to-become-largest-automaker-by-market-value.html

 

[Baron]

Drive a Tesla Model S with the dual-motor configuration and all the bells and whistles and you'll understand why the valuation is what it is.

 

[Overnight]

Drive a Tesla Model S with the dual-motor configuration and all the bells and whistles and you'll understand why the valuation is what it is.

Isn't that like $100,000+?

How many people are running around spending that much on a new car? Jeez!

 

[Baron]

How many people are running around spending that much on a new car? Jeez!

Considering the valuation, the powers that be think there's a lot of those people out there.

 

[RedDuke]

Madness of epic proportions. Even Musk himself said that valuation is ridiculous.

 

[southall]

Isn't that like $100,000+?

How many people are running around spending that much on a new car? Jeez!

Potentially 18.6 million: the number of millionaires in the U.S

And many millions more who want to act like millionaires

 

[RedDuke]

Pure bubble nothing to do with car or fundamentals. Car is great no doubt, but has major limitation. Can barely charge it when it is cold and snowy.

 

[S2007S]

Madness of epic proportions. Even Musk himself said that valuation is ridiculous.

He did indeed say that. He must be laughing at the fools paying ludacris valuations for a stock that doesn't quite fit the spectrum on comparisons to the other rivaling companies that exist.

 

[southall]

So here we are again.
Tesla now worth more than Toyota.
$207 vs $202 billion.

Also no one 'aspires' to own a Toyoda.

 

[Cuddles]

i like that ferrari is moving serious volume during this pandemic $RACE