TESLA in the BILLIONAIRE club – one order that changes everything!

TESLA in the BILLIONAIRE club – one order that changes everything!

Tesla is now worth more than a billion dollars. It has just become the sixth company in the history of the United States to be worth more than a billion dollars.

Shares of the company, owned by Elon Musk, rose more than 12 percent and are now worth about $ 1,025.

Double-digit growth in Tesla shares

Such growth followed after the well-known car rental company Hertz ordered as many as 100,000 electric vehicles from Mask’s company, because it wants to develop that business in the USA.

This made Tesla the second fastest company to reach a billion-dollar value. Musk reached that point with Tesla in 12 years, while Facebook, the only company that did it faster than Tesla, reached this value in 9 years.

It took Apple the longest, reaching this goal in just 37 years. He is followed by Microsoft, which took 33 years. It took Amazon 21 years, while Google reached this figure for the first time in 15 years.

Tesla is now worth three times more than Toyota (TM), the second most valuable car manufacturer, which has a market capitalization of about 280 billion dollars.

Last year, Tesla sold 500,000 cars worldwide. This means that its current market value is equivalent to approximately $ 2 million per vehicle sold.

The goal of a million cars sold in 2021.

The company has already sold 627,000 cars this year, and the goal is to be close to a million sales for the whole year. That would still represent an estimate of more than a million dollars per vehicle. However, it is clear that investors are still betting that Tesla will achieve its goal of 50 percent or more of annual sales growth in the years to come.

By the way, this American giant is one of the few, if not the only, which does not lack chips, necessary components for the production of cars. Precisely because of the semiconductor, Škoda had to stop production.

When it comes to a company that ordered so many vehicles from Tesla, it is a company that was on the verge of bankruptcy last year because the demand for travel during the peak of the pandemic was very small, and negotiations with creditors did not alleviate the problem.

Škoda STOPPES PRODUCTION in the Czech Republic because there are no chips

Source: BIZLife

Photo: Beta AP, Pexels

Source: BIZlife by www.bizlife.rs.

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