tesla a car company worth more than toyota.

So here we are again.
Tesla now worth more than Toyota.
$207 vs $202 billion.
Tesla worth more than GM, Ford and Fiat Chrysler combined.....


TOYOTA sells a gigantic 10 million cars a year, Tesla, less than 500,000.

Tesla tops Toyota to become largest automaker by market value
PUBLISHED WED, JUL 1 202011:43 AM EDTUPDATED WED, JUL 1 202012:21 PM EDT



https://www.cnbc.com/2020/07/01/tesla-tops-toyota-to-become-largest-automaker-by-market-value.html

 

Isn't that like $100,000+?

How many people are running around spending that much on a new car? Jeez!

 

Madness of epic proportions. Even Musk himself said that valuation is ridiculous.

 

Potentially 18.6 million: the number of millionaires in the U.S

And many millions more who want to act like millionaires

 

Pure bubble nothing to do with car or fundamentals. Car is great no doubt, but has major limitation. Can barely charge it when it is cold and snowy.

 

He did indeed say that. He must be laughing at the fools paying ludacris valuations for a stock that doesn't quite fit the spectrum on comparisons to the other rivaling companies that exist.

 

Also no one 'aspires' to own a Toyoda.

 

i like that ferrari is moving serious volume during this pandemic $RACE