Tesla Passes Daimler In Market Value Next Step Is Volkswagen AG

Tesla’s market capitalization has now surpassed Daimler’s again as the electric automaker announces a big investment in the German automotive industry’s backyard.

It’s hard to directly compare Tesla to other automakers because the company is more than an automaker due to its growing energy division.

But most of its revenue currently comes from its automotive business, which mostly makes the company an “automaker” on a market capitalization standpoint.


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scenicbyway12 - 11/13/2019 5:28:24 PM

+8 Boost

"Irrational exuberance" - Alan Greenspan

Truthy - 11/13/2019 6:53:24 PM

+8 Boost

Exactly.

PUGPROUD - 11/13/2019 5:43:42 PM

+9 Boost

And if your family fortune was dependent on only one, which would you choose? Thought so. The stock market is always right until it isn't. At some point the smart money will sell off leaving others to take the hit.

cidflekken - 11/13/2019 5:57:48 PM

+6 Boost

Why does Audi report under the family of VWAG but also report as a separate company?

PUGPROUD - 11/14/2019 5:46:39 AM

+4 Boost

VW owns 99.64% of Audi.

ricks0me - 11/13/2019 6:41:35 PM

+8 Boost

Hot Air expands the value of Tesla Stock and read all the comments above mine, Enuf Said

MDarringer - 11/13/2019 7:07:06 PM

+8 Boost

Valuation is NOT the same as what the company is worth.

runninglogan1 - 11/13/2019 8:47:38 PM

-2 Boost

What's really amazing is that Toyota is worth twice as much as VW and Ferrari is worth more than Ford!

SanJoseDriver - 11/13/2019 11:34:04 PM

-6 Boost

Super interesting interview between a MIT professor and Elon here: https://www.youtube.com/watch?v=smK9dgdTl40

Relevant car stuff starts around 25 minutes in.

Truthy - 11/14/2019 10:10:15 AM

+1 Boost

The multiples for Tesla stock are high-tech growth company stocks. Tesla is neither given consecutive quarters of declining revenue, only one recent quarter of profit, achieved by creative accounting. Once the Elon bumpers come off their high the stock will settle down to about $120.

JRobUSC - 11/14/2019 1:56:35 PM

0 Boost

And WeWork was once supposedly worth $47 Billion. Poof. Now it's $12B, and who knows what it "really" is.

SanJoseDriver - 11/18/2019 4:31:03 AM

+1 Boost

WeWork is worth $0 as far as I'm concerned.