Sunday August 19, 2018

Tesla’s market value soars, but some see a bubble

Tesla’s stock value has recently doubled to more than $90 a share. That gives them a total market value of $10.6 billion, greater than that of Italian automaker Fiat, worth less than $8 billion. In the first quarter of this year, Fiat sold 1 million cars and made a $40 million profit. Tesla sold 4,900 cars and lost $53 million – or more than $10,000 per car.  More…

Posted by at May 17, 2013
Filed in category: Business, Energy, Politics, Strange, Tabloid,

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