“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”
January 23, 2020
“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion mark…
Tesla shares have more than doubled over the past six months as analysts and investors re-set profit expectations for the electric car market’s industry leader amid stronger-than-expected quarterly delivery figures, the ongoing expansion of production facilities in China and a more disciplined approach to communications and stewardship from founder and CEO Musk…”
https://www.thestreet.com/investing/tesla-tops-100-billion-lifts-market-value-past-volkswagen