Tesla is worth more than Ford and GM combined

Tesla is worth more than Ford and GM combined

Tesla is worth more than Ford and GM combined

 

Tesla has been on a roller coaster ride of market sentiment in recent years, but the electric car company is starting off the new decade on a high note.

The company is not only America’s most valuable automaker, it’s now worth more than Ford and GM combined.

 

Last week, after experiencing a consecutive highs throughout January, the electric car company saw its stock rise to $968.99, however some of its investors decided to to sell just as the price climbed near $1,000 a share.

 

 

SOURCE: REFINITIV DATASTREAM

Trading at $778 on Feb 12th, analysts expect this figure to remain steady in the near future (“unless we get something else that will meaningfully bump it higher or lower”).

 

SOURCE: REUTERS and YAHOO FINANCE

 

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