Tesla market cap

I Think People Are Misunderstanding Why Tesla [TSLA] Is Valued So Highly

I love looking at auto sales charts — and creating them — and we do so somewhat obsessively as it concerns electric vehicles and Tesla. From a static point of view today, looking at Tesla’s global sales versus the global sales of Audi, BMW, or Mercedes-Benz (let alone Volkswagen Group or Toyota) and then looking at Tesla’s [TSLA] market cap compared to those companies can leave you scratching your head.