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    Home»News»Tesla Becomes Most Valuable US Carmaker Of All Time
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    Tesla Becomes Most Valuable US Carmaker Of All Time

    By Zero2TurboJanuary 8, 2020Updated:January 8, 2020No Comments
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    Tesla shares recently surged which saw the manufacturer become the most valuable US carmaker ever.

    With a market capitalisation of $82 billion (approx R1.1 trillion), Tesla has beaten Ford’s 1999 record of $80.81bn and is now worth nearly as much as Ford and General Motors combined.

    Tesla shares are trading at $469 which is an increase of over $130 since the Cybertruck reveal.

    Ford and GM produce around 14 million vehicles a year which makes Tesla’s 367,500 vehicles a year seem pretty minuscule but Tesla has forged a path for mainstream manufacturers to follow, leaving giants like Volkswagen and Toyota to play catchup.

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