Search

Tesla's market cap tops $158 billion, closing in on double that of GM and Ford combined - MarketWatch

With Tesla Inc.'s stock TSLA, +20.09% surging 13%, the electric car maker's market capitalization has climbed to about $158.2 billion, which isn't far from doubling the combined market caps of rivals General Motors Co. GM, +3.16% of $49.2 billion and Ford Motor Co. F, +2.62% of $36.2 billion. Throw in Fiat Chyrsler Automobiles N.V.'s FCAU, +2.68% market cap of $26.3 billion, and all three automakers can fit inside Tesla, with room to spare. However, Tesla is still well short of Toyota Motor Corp.'s TM, +1.52% market cap, which is currently at $233.5 billion. Tesla is not in the S&P 500 SPX, +1.76%, but it would be the 38th largest in the index. Tesla currently sits just below FAANG member Netflix Inc. NFLX, +2.76% and Dow Jones Industrial Average DJIA, +1.70% member Nike Inc. NKE, +2.51%, which are both at $159.4 billion.

Let's block ads! (Why?)

Read Again https://www.marketwatch.com/story/teslas-market-cap-tops-158-billion-closing-in-on-double-that-of-gm-and-ford-combined-2020-02-04

Bagikan Berita Ini

0 Response to "Tesla's market cap tops $158 billion, closing in on double that of GM and Ford combined - MarketWatch"

Post a Comment

Powered by Blogger.