Tesla stock jumps more than annual economic output of 160 countries, market value surpasses BMW, Ford, Ferrari, Porsche combined
Tesla stock alone since the US election 2024 amounts to more than the annual economic output of 160 countries. Tesla’s total market value has grown to about $1.3 trillion, more than the worth of General Motors, BMW, Ford, Ferrari, Porsche and a dozen other top car makers combined, as per a report.
Budget with ET
Tax calculator
Musk thinks that, if anything, the stock should be higher, as per the AP report. «I see a path for Tesla being the most valuable company in the world — by far, not even close,» he said Wednesday, before doubling down on that statement. «There is a path where Tesla is worth more than the next five companies combined,» Musk said.
That would mean surpassing the likes of Microsoft, Apple and Nvidia. Tesla is currently the seventh-most valuable company in the S&P 500, AP reported.
Musk says the true value of company lays in a future of Tesla robots, thousands of them possibly by the end of the year, and in unsupervised, driverless vehicles. He promised in Tesla's investor conference call to start offering such robotaxis in June in Austin, Texas, and across the country by the end of next year, as per AP report.
FAQs
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar,
