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by ramesh31 1272 days ago
>Tesla for a period was valued at a higher market cap than Toyota, the largest auto manufacturer in the world.

Tesla is still valued higher than Toyota, Honda, GM, and Ford combined.

Something is broken.

2 comments

That's not true. You are looking at market cap when you should be looking at enterprise value. Toyota is $350 billion and TSLA is $380 billion.
Some post-Christmas humour: the other day, Cathie Wood said Tesla will go to $7000/share within five years. I am not making this up.