Sunday

Tesla Motors Valued Higher Than Ford Or GM

The Tesla Motors is now valued higher than either Ford or GM in the USA. Tesla makes high-end, high-performance electric cars and other electric products such as house batteries and solar panels. 

Tesla has not made a profit yet, indeed they lost more that half a billion dollars last year. They also only sold a few tens of thousands of cars last vs the millions of vehicles from Ford and GM, but this is outweighed by the fact that the company is an investor favorite.

Elon Musk is a visionary leader, reminiscent of Steve Jobs, Bill Gates and other tech giants - and even hugely successful companies like Amazon took years to turn a profit. While the Tesla stock is likely over valued, so it just about everything else in today's stock market.

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