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Tesla’s worth is higher than most auto companies combined

Tesla’s worth is higher than most auto companies combined

There’s a recent update from the world of auto. This one’s about Tesla.

Recently, the World of Statistics posted on Twitter that Tesla is worth more than all of these companies combined. The auto companies mentioned were Toyota, GM, Ford, BMW, Daimler, Ferrari, Honda, Nissan, Mazda, and Aston Martin.

Let’s have a look at this tweet here.

Recently, Tesla released its financial reports. As per Giz China, Tesla won a record-setting report card.

Tesla is an American automotive company. The brand is engaged in the manufacturing of fully electric vehicles also known as EVs. Elon Musk is the CEO of Tesla. Tesla was founded in 2003 in the United States of America.

As per Giz China, in the year 2022, the total revenue of Tesla was $ 81.5 billion. Apart from this,

The Q4 performance of Tesla was pretty good. It contributed to Tesla’s most profitable year (2022) as per the records.

The sales reached 1.31 million vehicles. However, this is lesser than the estimated sales of their vehicles. Yet, the sales managed to create a record.

In the year 2023, approximately 1.8 million units of Tesla will be produced as per the predictions. It would be exciting to witness the same.

Additionally, the stock of Tesla has gone up this week as per a report by Forbes. This news came in the post the announcement of Tesla’s Model Y and Model 3. The stocks have surged by almost 20% which is phenomenal.

Does this mean that good things are about to come for Elon Musk in the near future? What will happen next will be awaited.

 

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Urvi Gupte

She shares an innate passion for stories and storytelling, especially real-life stories. From digital media to multimedia, She loves everything about media; may it be on her toes or writing catchy headlines to stand out in the crowd.

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