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Tesla is now the world’s most valuable carmaker

2 July 2020 3:34 PM
Tags:
Volkswagen
Elon Musk
Toyota
Bloomberg
tesla
VW

Elon Musk’s revolutionary electric car manufacturer has just overtaken Toyota as the world’s most valuable automaker.

Elon Musk, take a bow!

South African-American billionaire Elon Musk on the cover of Newsweek.

Since the start of 2020, Tesla’s market capitalisation has more than doubled to US$207.2 billion.

It is now, as of Wednesday, the world’s most valuable carmaker.

Toyota – the new number two – is worth US$201.9 billion.

Tesla produced one vehicle for every 25 made by Toyota in the first quarter of 2020.

Tesla overtook Volkswagen (VW) as the world’s number two in January.

VW, now in a distant third place, has a market cap of about US$79 billion.


For more detail, read: Tesla overtakes Toyota as the world’s most valuable automaker – Bloomberg



2 July 2020 3:34 PM
Tags:
Volkswagen
Elon Musk
Toyota
Bloomberg
tesla
VW

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