Tesla is already worth more than General Motors and Ford put together
Wednesday shares of the electric car manufacturer from Silicon valley has jumped almost 5% to close at a record 492,14 dollars. per share, increasing the market capitalization of Tesla to almost 89 billion dollars. This is 2 billion more than the total cost of the leaders of the U.S. automotive industry General Motors (GM) and Ford, estimated at 87 billion dollars.
Inspired by the unexpected profit in the third quarter, the success of the new plant in China and supply vehicles that exceeded expectations in the fourth quarter, Tesla's shares have more than doubled over the past three months. As we have soobshiliat the end of the year, the company had accumulated so many unshipped orders that Elon Musk and his mother worked in the shipping center Tesla whole new year's night.
"it's Clear that Tesla has again become the story, and there are a lot of good news," said by David, the chief investment strategist of MainStay Capital Management. "But there are still some problematic issues, the main of which is the question of sustainable profitability."
Underlining investor confidence in the Mask and the future growth of his company, its market capitalization ahead of its competitors in the United States, despite the fact that their business is superior to Tesla. GM and Ford put in the U.S. more than 2 million cars last year, compared to Tesla around the world in 367 500 cars.