Skip to content

Telsa overtakes GM to become largest US auto manufacturer by market cap

wsj.com
2 pointssloanesturz2 comments
On HN

Comments

http://n-gate.com/hackernews/ nailed this bit last week:

A financial website documents Tesla's overvaluation, while explicitly noting that Tesla cannot compete with real automakers in any sense. The company's valuation is recognized to be so high purely because Elon Musk is our lord and savior.

GM's market share is 17.5% while Tesla's is just 0.2%. There's a lot of hope priced into that stock.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.