"Forget General Motors, forget Ford.
Tesla is now the largest car manufacturer in the United States.
While that is untrue for obvious reasons, the Californian electric car maker is in fact the country’s most valuable automobile company in terms of market capitalization...As our chart illustrates, Tesla’s numbers don’t really match its valuation yet.
The company produces a fraction of the number of vehicles that GM and Ford produce; it trails in revenue and has yet to become profitable.
Tesla’s current valuation is driven by the belief that the future of mobility is electric and that the company has enough of a headstart to eventually dominate that future.
This chart compares Tesla to General Motors and Ford in terms of several key metrics."
This chart compares Tesla to General Motors and Ford in terms of several key metrics."
Read it all!
No comments:
Post a Comment