Tesla is now the world’s most valuable carmaker
Elon Musk, take a bow!
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
An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.Read More
Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.Read More
Germany has squandered its early success in restricting Covid-19, laments Deutsche Welle Correspondent Chelsey Dulaney.Read More
A new harvest is imminent and there's no more space for unsold wine. We have the highest stock level ever - Vinpro's Rico BassonRead More
A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.Read More
Loadshedding is another blow to the struggling restaurant industry. We need more relief says Grace Harding (Restaurant Collective)Read More
Richard Brasher will be replaced by Netherlands-born Pieter Boone in April. A retail expert evaluates Brasher's performance.Read More
Business and labour are pressing South Africa's government to introduce a new round of UIF Ters relief to mitigate the impact of the Level 3 lockdown.Read More
Astronomers in South Africa are extremely unhappy about Elon Musk’s plans, says Jan Vermeulen of MyBroadband.co.za.Read More
It's a fact - minibus taxis are essential for the functioning of the economy. Lester Kiewit interviews Alpheus Mlalazi (NTA).Read More