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.
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.
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