Tesla Worth More Than Next 35 Biggest Automakers Combined

In North America, Tesla’s value far exceeds that of the two other biggest manufacturers, General Motors and Ford, which have market caps of $59.57 billion and $40.02 billion respectively. Cordell Eminent Scholar Jay Ritter told Newsweek that with its current market cap, the market expects Tesla will be able to substantially grow its earnings in the future.

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