For a moment, Tesla was worth more than BMW

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For a moment, Tesla was worth more than BMW

For a moment, Tesla was worth more than BMW

For a little while, Tesla was worth more than even the fanciest automakers.*

The clean energy carmaker gained e**ugh value in the stock market Friday to propel it past BMW — traditionally one of the highest-value auto companies.*

Tesla shares rose in value after Elon Musk voiced his confidence that Tesla could soon produce its long-awaited more affordable Model 3 at scale, for actual purchase by any customers.*

Tesla stock rose 1.9 percent to help Tesla outpace BMW's $61.3 billion market value. By the end of the day, though, Tesla ended up $2.6 billion below BMW.*

Tesla's gain over BMW was only in its value on Wall Street. In the real world, Tesla is still producing only 80,000 cars to BMW's 2.4 million.* Read more...

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