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Tesla now worth more than Ford

  • 28-03-2017 10:30am
    #1
    unkel
    Registered Users, Registered Users 2 Posts: 66,402 ✭✭✭✭


    I guess the stock market liked the news that the Model 3 is still scheduled to go into production in a few months time

    Both companies have a market cap of about $45 billion now

    Still pretty amazing, since Tesla has only made maybe 170,000 cars ever. Ford has probably made a thousand times as many cars...

    Linky

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Comments

  • #2
    BoatMad
    Registered Users, Registered Users 2 Posts: 13,702 ✭✭✭✭BoatMad


    unkel wrote: »
    I guess the stock market liked the news that the Model 3 is still scheduled to go into production in a few months time

    Both companies have a market cap of about $45 billion now

    Still pretty amazing, since Tesla has only made maybe 170,000 cars ever. Ford has probably made a thousand times as many cars...

    Linky

    The proof will be in the pudding. What we do know is ford can make lots of cars.

    Goldman Sachs recent advice is to " sell " on tesla


  • #3
    unkel
    Registered Users, Registered Users 2 Posts: 66,402 ✭✭✭✭unkel


    Yeah it's a bit crazy alright. Production projections seem very optimistic, I just saw an analyst basically saying they'll get nowhere near the targets production numbers of the Model 3 for 2018 (startup this year is very slow anyway)

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