Tesla is now more valuable that the world's top seven car makers combined at $615bn and is the biggest entrant to the S&P 500 EVER

sriamerican

Well-known member
  • Aug 2, 2020
    1,703
    8,061
    113
    Tesla is now more valuable that the world's top seven car makers combined at $615bn and is the biggest entrant to the S&P 500 EVER - but experts warn the stock is too high and could plummet at any moment
    • Tesla joined the S&P 500 on Monday at $665 a share, making it the most valuable new entrant to the stock index ever
    • The company is currently worth some $615bn - more than Ford, Honda, BMW, GM, Daimler, Volkswagen and Toyota combined
    • But analysts say the stock is in bubble territory and likely to burst at any minute
    • Part of the reason is Apple's announcement earlier this week that it is producing its own self-driving car
    • It is also likely to fall with the rest of the market amid fears over a new variant of COVID-19
    • Analysts are calling the stock 'dramatically overvalued'
    The full story can be found here- click here
     

    S.GUNE

    Well-known member
  • Feb 21, 2019
    1,065
    983
    113
    ටෙස්ලා බබ්ලි එක තව අවුරුදු දෙකතුනකින් පුපුරණවා. එතකොට ඉතින් ආයිත් ආර්ථික අර්බුදයක් එයි. ඇපල් වලට ලොකු ප්‍රොඩක්ට් රේන්ජ් එකක් තියනවා. ඒකයි උන් උඩම ඉන්නේ. හැබයි ටෙස්ලා වලට තාම පෝෂ්‍රේ හදන වාහන ගාන්නත් හදා ගන්න බැරුව ඔජ්ජර උඩ ඉන්නවා කියන්නේ ගැටලුවක්. ත්‍රෝනෝස් දෙක වෙයි මේ යන විදිහට.
     

    topkollek

    Well-known member
  • May 22, 2014
    16,961
    10,578
    113
    ┬┴┬┴┤(·_├┬┴┬┴
    Guess they kept their faith on hydrogen fuel cell cars Toyota Mirage but not go as planned. People more tend to electric so the Toyota has no option but comes to e cars though they are behind.
    Toyota or anyone like Codegen can who can put together wheels and electric motors can build electric cars.
    But they will not be able to build an ecosystem like tesla anytime soon.
     
    • Like
    Reactions: sriamerican

    tharakaf

    Well-known member
  • Oct 19, 2020
    1,138
    2,512
    113
    We are anyway eating up our oil resources quite fast and will have to look in to other means of powering vehicles.

    We should have partnered with companies such as Tesla to augment rather than trying to do the same things. As I know codegen is into building long lasting batteries and would be great if they succeed in doing that.
     
    • Like
    Reactions: sriamerican