SHARE THIS ARTICLE

Tesla’s stock (TSLA) is surging since announcing record profits and the company is now worth more than BMW as the stock of the latter is slipping following disappointing financial results.

The California-based electric automaker’s market cap is now worth over $59 billion while BMW’s slipped below 49 billion euros ($55 billion) yesterday after it announced lower than anticipated profit for the last quarter.

While it’s hard to directly compare Tesla to other automakers because the company is more than an automaker due to its growing energy division, most of its revenue currently comes from its automotive business.


Read Article


BMW Gets Sidelined As Tesla Blows Past It In Total Valuation

About the Author

Agent009

User Comments

carloslassiter
Fotto1
Tiberius1701A
skytop
scenicbyway12
MDarringer
fortysix
MDarringer
SanJoseDriver
MDarringer
SanJoseDriver
SanJoseDriver

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]