I published an article yesterday on Tesla’s crazy-high market cap, more than the following automakers’ combined: Toyota, BYD, GM, Ford, Hyundai, Kia, Mercedes-Benz, Stellantis, Geely, Ferrari, BMW, Volkswagen Group, Honda, Nissan, Renault, XPENG, and NIO. Unfortunately, we had a tech crisis today and had to republish several articles, which led … [continued]
I just caught up on comments under an article I wrote several days ago, “Is Tesla Really In Trouble This Time?” There were many great comments from readers, but a few jumped out at me to stimulate this followup piece. The first one came from vensonata, who wrote: “The combined … [continued]
The Wall Street Journal published an article today bringing up the question in the title. Now that Tesla has launched a kind of robotaxi trial in Austin, Texas, with a small number of cars and it’s clearly not perfect, one could ask if Waymo is being massively undervalued compared to … [continued]
There are meme stocks and then there are meme stocks. A key element of a meme stock is that it has a huge amount of decentralized, retail, normal-folk fans and investors. A hot social media trend is rolling, and the meme stock benefits. Another element is typically that the stock … [continued]
It was bound to happen. After joining the S&P500 at the very end of last year, Tesla announced that it produced 500,000 electric vehicles and delivered almost that many for the entire year of 2020.
We don’t often cover the day-to-day or even month-to-month stock market frenzy, but there is no doubt that growth in Tesla [TSLA] market cap has been a stunning thing to witness in recent years, and especially in the past year.
Tesla is now worth more than half a trillion dollars on the stock market. Last year, Elon Musk predicted that self-driving Teslas would boost Tesla’s market cap to $500 billion.
President Trump has claimed to be economically successful based on a rather small set of metrics. One is joblessness data. Another is the Dow Jones Industrial Index (DJI). There are people who believe in his success, based on those limited data. They should look deeper.
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.
Barron’s noted on January 7th, 2020, that Tesla had become the most valuable auto company in the history of America. Let me repeat: Not just currently. We are talking about the most valuable American auto company since America was born. Congratulations to Elon, Tesla, and the team for unlocking this achievement!
