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#Tesla has become the most expensive car company in the world

#Tesla has become the most expensive car company in the world
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Saturday, 13 June, 2020, 15:50

The shares of the electric car manufacturer exceeded $ 1,000 a piece.
Electric car maker Tesla is now the most expensive car company in the world. This became a fact after the company’s shares exceeded $ 1,000 a piece for the first time. Yes Tesla’s capitalization is estimated at $ 185 billion.
For comparison current leader Toyota costs 179 billion., while Volkswagen is valued at $ 85.5 billion. Ferrari and BMW have a market value of 43 billion dollars, and the most expensive American manufacturer (excluding Tesla) – General Motors – 38.5 billion. Its competitor Ford is estimated at 27.5 billion, while the capitalization of Peugeot is 13 , 5 billion, and Renault – 8 billion.
Tesla took the lead among carmakers after its CEO Elon Musk announced that the company was ready for series production of the Semi tractor. This immediately raised shares by 6.2%.