27 Sep '13, 12pm

Is Tesla Motors Really Worth Almost Half The Value Of GM? via @GreenCarReports

Is Tesla Motors Really Worth Almost Half The Value Of GM? via @GreenCarReports

By John Voelcker 1,114 views Sep 27, 2013 Follow John Add to circle Share on Facebook Share on Twitter Share on Google+ Tesla Motors, Palo Alto, California Enlarge Photo Discussions of Tesla Motors sometimes seem couched in the terms of a religious tale: Tesla as David vs General Motors in the Goliath role. One company is the plucky Silicon Valley electric-car startup that's never built a vehicle with a gasoline engine. The other is the largest U.S. automaker, one of the three largest car companies in the world, the slayer of the EV1 (and then parent of the Chevy Volt). What brings the comparison to mind is a recent comparison of the two companies' valuations. At the close of the market on September 26, General Motors had a market capitalization of $54.8 billion. Tesla's was $22,9 billion, or 42 percent of the larger company's. MORE: Five Facts About Tesla And Electric Car...

Full article: http://www.greencarreports.com/news/1087199_is-tesla-moto...

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