Why Tesla = GM + Honda + Ford + Fiat Chrysler + Daimler

Tesla is now worth a General Motors plus a Honda plus a Ford, plus a Fiat Chrysler and a Daimler. Then you’ve got pretty much what Tesla is now worth.

$183 billion.

Toyota, which used to be the most valuable car brand in the world, is now worth $174 billion according to Yahoo Finance.

Tesla stock has been on a tear since March, when it dropped down to $361 per share. Now it’s been north of the $1,000 line at $1,025 (before dropping slightly on profit-taking) for a total market capitalization that’s now about $10 billion north of Toyota. Toyota stock has been mostly flat for the past year.

Of course, stock market valuation doesn’t tell the whole story.

Get the full story in my post at Forbes …

 


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