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Tesla's Crazy Valuation in 1 Chart

TheMotleyFool

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Electric-car maker Tesla (NASDAQ: TSLA) is worth about $700 billion following an incredible rally in 2020. The stock was recently added to the S&P 500 index as its fifth largest constituent. Tesla is worth more than Berkshire Hathaway, Johnson & Johnson, Visa, and Mastercard. It's worth more than Disney and Netflix combined.

Tesla now sells around half a million cars annually, while 64 million passenger cars were sold globally in 2019, according to the International Organization of Motor Vehicle Manufacturers. Tesla accounts for less than 1% of the global auto market in terms of volume, yet the stock is worth far more than any other automaker.

Source Fool.com

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