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Tesla is now the most valuable US automaker ever [CNNMoney.com]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla is now the most valuable US automaker ever New York (CNN Business) Wall Street's current love for Tesla ( TSLA ) has lifted its shares to a level never before achieved by a US automaker. Tesla shares, which are up more than 160% since hitting a 52-week low last June, now have a market value of $86.5 billion. That gives the electric car-maker the distinction of being the most valuable US automaker in history. This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices. The high watermark for GM stock was more recent, when it reached a market value of $67.7 billion in October 2017. Today both of those stocks have lost a good chunk of their value. GM ( GM ) , valued at $50.7 billion, and Ford ( F ) , worth $36.9 billion, together are worth only about 1% more than Tesla alone. Read More Italian-American automaker Fiat Chrysler ( FCAU
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- Is the Cybertruck Tesla's best vehicle ever? These figures contradict Elon Musk's claim [USA TODAY][USA TODAY]
- Tesla Just Jumped in Annual Automaker Rankings. Is That a Buy Signal for TSLA Stock? [Yahoo! Finance][Yahoo! Finance]
- Elon Musk says Tesla owners will soon be able to text while driving, despite it being illegal in nearly all 50 states [Fortune][Fortune]
- Tesla's cheaper Model 3 & Y in Europe, Netflix–Warner Bros. backlash [Yahoo! Finance][Yahoo! Finance]
- Tesla's cheaper Model 3 & Y in Europe, Netflix–Warner Bros. backlash [Yahoo! Finance Canada][Yahoo! Finance Canada]
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