12 Feb Tesla is worth more than Ford and GM combined

Tesla is worth more than Ford and GM combined

Tesla has been on a roller coaster ride of market sentiment in recent years, but the electric car company is starting off the new decade on a high note.

The company is not only America’s most valuable automaker, it’s now worth more than Ford and GM combined.

Last week, after experiencing a consecutive highs throughout January, the electric car company saw its stock rise to $968.99, however some of its investors decided to to sell just as the price climbed near $1,000 a share.

SOURCE: REFINITIV DATASTREAM

Trading at $778 on Feb 12th, analysts expect this figure to remain steady in the near future (“unless we get something else that will meaningfully bump it higher or lower”).

SOURCE: REUTERS and YAHOO FINANCE