Hacker News new | ask | show | jobs
by matgessel 2183 days ago
A little more info for the curious:

Toyota Market Cap: 171.994B

Tesla Market Cap: 205.619B

> Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares

> Market cap is given by the formula MC = N * P, where MC is the market capitalization, N is the number of shares outstanding, and P is the closing price per share

> A more comprehensive measure is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors

https://en.wikipedia.org/wiki/Market_capitalization