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by FireBeyond 1078 days ago
At one point, Tesla was worth more than: Toyota, Volkwagen Group, Hyundai/Kia, General Motors, Ford, Nissan, Honda, Fiat Chrysler, Renault, Suzuki, Daimler, BMW, Mazda and Mitsubishi combined. (Plus several Chinese manufacturers: SAID, Geely, Changan, Dongfeng).

I'd love anyone to justify that with a straight face.

2 comments

The justification is simple but you won't like it: retail investors enjoy owning Tesla more than they enjoy owning any of those other stocks

There are lots of reasons for that enjoyment, but I'm not sure they matter

Tesla is the only company significantly ahead of its competition in technical specification.