Proof of the unstoppable rise of the electric car: Tesla’s market value passes GM

Electric car maker Tesla eclipsed General Motors in terms of market capitalization yesterday to briefly become the most valuable auto company in the world. To put that in perspective: GM sold 10 million cars last year and generated a record profit; Tesla sold 76,000 cars and produced a loss. However, stock exchanges tend to “read” the future well. So this is good news for a cleaner and more silent world.

 

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Proof of the unstoppable rise of the electric car: Tesla’s market value passes GM

Electric car maker Tesla eclipsed General Motors in terms of market capitalization yesterday to briefly become the most valuable auto company in the world. To put that in perspective: GM sold 10 million cars last year and generated a record profit; Tesla sold 76,000 cars and produced a loss. However, stock exchanges tend to “read” the future well. So this is good news for a cleaner and more silent world.

 

Solution News Source

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