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Tesla overtakes General Motors to become most valuable US auto maker'


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Posted (edited)

 

The turnabout shows the extent to which investors have bought into Musk's vision that electric vehicles will eventually rule the road. While GM has beat Tesla to market with a plug-in Chevrolet Bolt with a price and range similar to what Musk has pro

 

http://economictimes.indiatimes.com/news/international/business/tesla-overtakes-general-motors-in-market-value/articleshow/58116213.cms

 

Investors betting big on Model 3 it seems. Exciting times for electric car industry.

Edited by BeautifulGame
Posted

Some company valuations are pretty ridiculous. This is not just about electric cars. Electric cars have been around for a long long time. But Tesla made them "sexy" and at the same time got it rated very highly with critics. One snag in the car and the stock will come crashing down.

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