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Tesla has minted a staggeringly high market capitalization for a carmaker that s on track to sell just a half million vehicles in 2020.
Business market insider tesla. A stock market site by business insider with real time data custom charts and breaking news. The offering came a day after tesla crossed 600. Visit business insider s homepage for more stories.
The company s market cap exceeds the combined valuation of volkswagen and toyota but tesla s sold only 400 000 vehicles in 2019 to the two automakers 21 8 million. Visit business insider s homepage for more stories. Given tesla s market cap is more than 500 billion less than six years later it is easily outpacing musk s forecast for 2025.
Tesla boasts a majority minority workforce but leadership is predominantly white and male marketwatch 1d elon musk reveals tesla s plan to be at the forefront of a. Trading on the nasdaq tesla offered 13 3 million shares at a price of 17 per share. Tesla shares retreated from all time highs on tuesday after the electric vehicle manufacturer announced a 5 billion at the market share offering.
The history of tesla s stock price by markets insider tesla launched its ipo on june 29 2010. Wood ark s ceo and her team share their thoughts on tesla s 5 billion stock sale the salesforce slack tie up and where bitcoin could go in 2021. Due to tesla s large market valuation of more than 500 billion the.
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