Saturday, January 16, 21:47
Home inet Tesla: Breaks the stock market record and surpasses Toyota

Tesla: Breaks the stock market record and surpasses Toyota

Tesla shares they hit red and became the most expensive car industry, managing to overcome them Toyota, Disney and Coca-Cola.

tesla
Tesla: Breaks the stock market record and surpasses Toyota

His electric car business Elon Musk exceeds it value almost every S&P 500 company, including some of its flagship industries America.

At noon on Wednesday, the company's shares fell increase 4%, they broke it record and each share touched them $ 1.134. With these prices, its market cap is almost high $ 210 million.

That put Tesla in the lead peak of the most valuable business on the planet, above and beyond Toyota. She also left behind the well-known soft drink company Coca Cola (KO), exceeding its purchase price, but also the Disney (DIS), Cisco (CSCO), Merck (MRK) and Exxon Mobil (XOM). Added to the list is the PayPal, created by the merger of another payment company, which was also founded by Elon Musk.

Its shares have risen sharply since the beginning of 2020, as investors are now more confident about the future of electric cars.

Tesla: Breaks the stock market record and surpasses Toyota

Of course, Toyota remains a much larger company, while last year it sold about 30 times more cars, with its profits being 10 times higher. In particular, the Japanese company sold 10.46 million cars by March and recorded revenue 30.2 trillion in currency Japanese. Tesla's sales, on the other hand, were limited to 24.6 billions, selling only 367.200 vehicles last year.

There are currently only three companies in the S&P 500 that are worth more than Elon Musk. One of them is AT&T Inc, to which it belongs CNN.

However, the earnings Tesla is not strong enough to secure a place in the S&P 500, but that may be a good start.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

SecNews
SecNewshttps://www.secnews.gr
In a world without fences and walls, who needs Gates and Windows

LIVE NEWS

Emotet has "evolved" and is at the top of the malware charts!

The infamous Emotet trojan returns to the top of the malware charts, having been "refreshed" and evolved to be more difficult to detect. The world ...

Signal: How to protect your messages with passcode?

In recent days the Signal messaging application has become quite popular. The Signal ...

The 5 best secure alternatives for WhatsApp

WhatsApp is one of the most popular messaging platforms, but it is definitely not accepted by everyone. Especially after his last ...

Android: How to see which apps have access to your site

It's no secret that smartphone apps have access to many permissions - if you let them. It is important to make sure ...

Canon lets you take pictures from space

Instead of releasing new cameras for CES 2021, Canon is doing something different: It lets you take pictures from space ....

Wikipedia vs Big tech: Who fights misinformation?

As Election Day turned into US Election Week, Facebook, Twitter and YouTube were trying to prevent ...
00:02:36

Tesla: It is called to recall cars due to problematic screens

The touch screen in some Tesla cars seems to have a problem, which could ...

Ransomware is responsible for half of all data breaches in hospitals

Almost half of the data breaches committed in hospitals and the wider healthcare sector are due to ransomware attacks, ...

Astronomers have just found the oldest oversized black hole

A quasar was discovered in a dark corner of space - over 13,03 billion light-years away - and contains a ...

What are the best and most affordable 5G phones for 2021

The market will soon be flooded with mid-range 5G devices. Everything that happens will be really exciting: you will be able to ...