Tesla became the most expensive automaker in the world with a market capitalization of $209 billion

Tesla became the most expensive automaker in the world with a market capitalization of $209 billion, Sergei Dragun | 02.07.2020

Capitalization of Tesla on Wednesday reached $209 billion — now it is the most expensive automaker in the world. In second place is Toyota, with a market capitalization of $204 billion.

Tesla’s shares for the year rose five times — from $230 to $1128 per share.

Last year Tesla produced a record of 367 thousand electric cars. This year the company plans to release the conveyor 500 thousand cars. While Tesla remains unprofitable — the loss for the year
was $862 million

Toyota last year issued and 10.74 million cars, which is 29 times more than Tesla.

electric cars, the financial results of companies

Tesla