Telsa Value Exceeds $100 BILLION - Becomes Second Most Valuable Automaker On The Planet

Tesla's market value has climbed above Volkswagen AG’s for the first time to more than $100 billion, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.

The electric-car maker’s shares jumped as much as 4.6% shortly after the open of regular trading Wednesday. At the early intraday high of $572.11, Tesla’s market capitalization was roughly $103.1 billion, exceeding Volkswagen’s $99.8 billion and trailing only Toyota Motor Corp.

dlin - 1/22/2020 12:59:10 PM

+2 Boost

As Gartman said once... ‘It is time to sell... finally’

dlin - 1/28/2020 2:38:25 AM

+1 Boost

Damn I was so right. TSLA peaked at almost 600 the day I said SELL!

runninglogan1 - 1/22/2020 4:45:27 PM

+2 Boost

Now it's worth more than Daimler and BMW combined. Amazing.

MDarringer - 1/22/2020 6:22:12 PM

0 Boost

#HouseOfCards

carloslassiter - 1/22/2020 7:53:42 PM

+3 Boost

Stop whining and short it - sounds like easy money. Right?

SanJoseDriver - 1/28/2020 5:04:19 AM

+1 Boost

LOL

CANADIANCOMMENTS - 1/23/2020 9:16:23 AM

+1 Boost

$500+ is too much for a stock in broad circulation. Too expensive for the majority of investors. They should do a split, 3:1 or so and get the price per share down. If demand is there, it will likely make its way back up.

skytop - 1/24/2020 3:31:01 PM

+1 Boost

“Deep in debt, selling less than 400,000 vehicles last year and challenged by several competing electric car models in 2020, Tesla’s stock valuation stunningly exceeds VW which sold over 10 million vehicles last year,” Nader added in a follow-up tweet. “Watch out, Tesla believers."

carloslassiter - 1/24/2020 8:35:56 PM

+1 Boost

Again, stop typing and just short the stock.

SanJoseDriver - 1/28/2020 5:05:12 AM

+1 Boost

Just wait until the Model Y, FSD, Plaid Model S/X, and whatever battery/powertrain innovations are coming in 3 months.