Science

Why did the love of the stock market at first sight for Tesla turn into a searing passion?

It’s a crazy story: Tesla is worth a little over $ 1 trillion on the stock market today. It is ten times more than Volkswagen and a hundred times more than Renault.

Even the world’s number one car sales company, Japan’s Toyota, is crushed at its meager $ 280 billion valuation. Yet Toyota makes 10 million cars per year compared to just 500,000 per year for Tesla. But there is nothing to do, investors in stocks have fallen madly in love with Tesla shares. So much so that even those who think that this love is crazy no longer dare to bet against Tesla, for fear of losing money in the stock market.

I’m talking about that today, because while the stock market has been falling in love with Tesla for some time now, this week love at first sight turned into a searing passion when investors learned that Hertz, the rental giant of cars, ordered 100,000 cars. from Tesla. Or a $ 4 billion order, just that. Therefore, today Tesla has become the sixth largest stock market in the world. Only Apple, Microsoft, Google, Amazon, and the Saudi Arabian oil company are worth more money on the stock market than Tesla.

Investors believe that the future of the automobile will be electric and that Tesla is the company best positioned to capitalize on this electric future. Because Tesla does not have an industrial past, unlike other manufacturers who must and will have to deal with this past and the costs that accompany it. And then what also fascinates investors is Tesla’s margin – it’s 14%. This is a higher margin than other manufacturers, which are around 6% or 7%. Only Ferrari or Porsche have margins comparable to Tesla’s.

The result of all this? Tesla’s founding boss, the brilliant Elon Musk, is now by far the richest man on the planet. His fortune is valued at $ 289 billion, which means that he alone is worth more than companies like Exxon or Nike. You will agree with me, this is completely insane and unrealistic. He even left someone like Amazon boss Jeff Bezos in his rearview mirror. When we look at his career riddled with pitfalls, we can truly tell ourselves that Elon Musk has applied Nelson Mandela’s motto to the letter: I never lose, or win, or learn.

Even the world’s number one car sales company, Japan’s Toyota, is crushed at its meager $ 280 billion valuation. Yet Toyota makes 10 million cars per year compared to just 500,000 per year for Tesla. But there is nothing to do, investors in stocks have fallen madly in love with Tesla shares. So much so that even those who think this love is crazy no longer dare to bet against Tesla, for fear of losing money on the stock market. That’s what I’m talking about today, because if the stock market fell in love with some time ago now, Tesla’s love at first sight turned into a burning passion this week when investors learned that car rental giant Hertz had ordered 100,000 cars. to Tesla. Or a $ 4 billion order, just that. Therefore, today Tesla has become the sixth largest stock market in the world. Only Apple, Microsoft, Google, Amazon, and the Saudi Arabian oil company are worth more money on the stock market than Tesla. Investors believe that the future of the automobile will be electric and that Tesla is the company best positioned to capitalize on this electric future. Because Tesla does not have an industrial past, unlike other manufacturers who must and will have to deal with this past and the costs that accompany it. And then what also fascinates investors is Tesla’s margin – it’s 14%. This is a higher margin than other manufacturers, which are around 6% or 7%. Only Ferrari or Porsche have margins comparable to Tesla’s. The result of all this? Tesla’s founding boss, the brilliant Elon Musk, is now by far the richest man on the planet. His fortune is valued at $ 289 billion, which means that he alone is worth more than companies like Exxon or Nike. You will agree with me, this is completely insane and unrealistic. He even left someone like Amazon boss Jeff Bezos in his rearview mirror. When we look at his career riddled with pitfalls, we can truly tell ourselves that Elon Musk has applied Nelson Mandela’s motto to the letter: I never lose, or win, or learn.

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