Tesla Inc Overtakes GM and Ford in Market Cap

BUZ INVESTORS Next for Elon Musk As Tesla Inc (NASDAQ:TSLA) races past General Motors Company (NYSE:GM) as the most valuable car company in the U.S., Tesla stock investors are over the moon. The company clocked a market capitalization

BUZ INVESTORS   Next for Elon Musk   As Tesla Inc (NASDAQ:TSLA) races past General Motors Company (NYSE:GM) as the most valuable car company in the U.S., Tesla stock investors are over the moon. The company clocked a market capitalization of over $50.0 billion as TSLA stock ended at $312.39 on Monday. While the media, analysts, and investors are busy analyzing the rise of this cult stock, let us go through what is causing the rally and what comes next once the exuberance and momentum surrounding TSLA stock slows down.

The rise in Tesla stock is due to the future potential of Tesla Inc, since the current valuation cannot be justified based on the past performance of the electric car maker. Tesla’s performance pales in comparison to that of GM and Ford Motor Company (NYSE:F), which are profitable companies that sell millions of cars every year. Tesla sold a little over 25,000 cars in the last quarter, which was enough to spark a rally in TSLA stock as not many had expected the company to exceed the target.



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 Next for Elon Musk

U.S. electric car sales accounted for 1.2% of all U.S. car sales, which is a new record for the U.S. EV market.

Sr No EV Model Mar. 17 Mar. 16 YTD 2017 YTD 2016
1 Tesla Model S 4700 2000 8800 6000
2 Tesla Model X 3900 1200 7500 2400
3 Chevy Volt 2132 1865 5563 3987
4 Toyota Prius Prime 1618 7 4346 23
5 Nissan Leaf 1478 1246 3287 2931
6 Ford Fusion Energi 1002 1238 2445 2751
7 Chevy Bolt 978 0 3092 0
8 BMW i3 703 332 1403 762
9 Ford C-Max Energi 662 610 1774 1450
10 Audi A3 e-tron 414 332 1201 907
11 Ford Focus Electric 407 110 691 257
12 BMW X5 xDrive 40e 397 313 934 839
13 BMW 330e 365 19 638 19
14 Volkswagen e-Golf 342 86 967 612
15 Kia Soul EV 171 79 440 220

Rising Challenges for Tesla Inc and a Possible Sale?

Given the inevitable rise in competition, a good case can be made for Elon Musk to sell Tesla’s electric car business to a company that can bring strong synergy to the deal. It could be a technology behemoth like Apple Inc. (NASDAQ:AAPL), with strong financials and stronger interest in electric cars, or an auto giant like General Motors Company, with more than 100 years of experience in manufacturing automobiles.Like up on FACEBOOK


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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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