{"id":193760,"date":"2020-01-10T11:55:51","date_gmt":"2020-01-10T08:55:51","guid":{"rendered":"http:\/\/ww-vb.mine.nu\/w108\/tesla-is-now-the-most-valuable-us-automaker-in-history-bgr\/"},"modified":"2020-01-10T11:55:51","modified_gmt":"2020-01-10T08:55:51","slug":"tesla-is-now-the-most-valuable-us-automaker-in-history-bgr","status":"publish","type":"post","link":"https:\/\/hameed.nwar.uk\/sa\/tesla-is-now-the-most-valuable-us-automaker-in-history-bgr\/","title":{"rendered":"Tesla is now the most valuable US automaker in history \u2013 BGR"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>With Tesla shares on something of a historic run, the company earlier today became the most valuable car company the US has ever seen. This is something of a remarkable achievement given all of the turmoil Tesla has found itself in over the past few years. From a seemingly endless number of production problems to a handful of controversies involving Elon Musk, Tesla has impressively moved past all that in a relatively short period of time.<\/p>\n<p>Two and a half months ago, Tesla shares were trading at $254. Today, Tesla shares hit the $470 threshold for the first time in history. All told, Tesla shares have jumped by upwards of 85% in just a few weeks. As it stands now, Tesla\u2019s market cap hovers around $84.3 billion, giving the EV maker a valuation that is higher than even Ford was at the height of its popularity.<\/p>\n<p>All the more impressive, Tesla\u2019s valuation today is now just $2 billion shy of Ford and GM\u2019s market cap combined.<\/p>\n<p>As for the seemingly abrupt appreciation in Tesla shares, there are a few factors in play. For starters, interest in Tesla\u2019s recently unveiled Cybertruck appears to be quite high, despite some concerns over the vehicles somewhat polarizing design.<\/p>\n<p>Second, Tesla in 2019 set a new record for deliveries. When the dust settled, Tesla delivered 367,500 vehicles throughout the year, up from 182,400 vehicles in 2018.<\/p>\n<p>Third, there\u2019s renewed optimism surrounding Tesla\u2019s prospects in China. To this point, Musk was in China today at the company\u2019s Shanghai factory where he said that it will serve as a \u201ctemplate for future growth.\u201d Specifically, Musk said that Tesla is aiming for a production rate of 500,000 cars per year in Shanghai alone.<\/p>\n<p>Interestingly, Musk added that Tesla\u2019s Shanghai factory will help manufacture the Model Y, a crossover version of the Model 3. Speaking to the company\u2019s expectations for the Model Y, Musk has said that the Model Y may prove to be more popular than all of the other company\u2019s vehicles combined.<\/p>\n<p>\n\t<span class=\"description img-caption\"><span class=\"source\">Image Source: Ena\/AP\/REX\/Shutterstock<\/span><\/span><\/p>\n<\/p><\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '2048158068807929');\nfbq('track', 'ViewContent');\n<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bgr.com\/2020\/01\/07\/tesla-vs-ford-stock-price-market-cap\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] With Tesla shares on something of a historic run, the company earlier today became the most valuable car company the US has ever seen. This is something of a remarkable achievement given all of the turmoil Tesla has found itself in over the past few years. From a seemingly endless number of production problems &hellip;<\/p>\n","protected":false},"author":1,"featured_media":191395,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-193760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-tech"],"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/193760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=193760"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/193760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/191395"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=193760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=193760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=193760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}