This Wednesday, the market capitalization of Tesla has exceeded the capitalization of the Toyota, thereby making the brainchild of Elon musk the most expensive automaker in the world. Tesla’s shares rose 5 %, reaching a new record high of $1135, which allows us to estimate the value of the company at $206,5 billion, compared with the same period in Toyota approximately $202 billion.
In fact, the market capitalization stresses the great enthusiasm of investors in relation to Tesla. The company’s shares this year increased by 170 %, as investors continued to invest in the American manufacturer of electric cars.
While Tesla surpassed Toyota in market value, it is with a large margin behind the Japanese company on the actual production car. For the first quarter ended March 31, the company Elon musk made about 103000 machines – 15 390 vehicles were Model S/X and Model 3 87282/Y. During the same period, Toyota produced 2.4 million vehicles.
“We continue to be cautious with the Tesla, but everything to do with EV, now heated red-hot for investors, and there are very few ways to invest in this sector, so we see that the shares continue to work in the short term, despite our caution in relation to the competitive positioning over time and evaluation“,? analysts say.