Type something and hit enter

ads here
On
advertise here

Oh, journalists ... what are you spouting ;) ?

Here's a little table with the details on ten of the largest car companies.

Companies Enterprise Value Market Capitalization Latest Sales
Toyota $310bn $177bn $245bn
Volkswagen $187bn $74bn $232bn
Ford $150bn $46bn $152bn
General Motors $111bn $51bn $166bn
Nissan $105bn $11bn $104bn
Honda $101bn $55bn $125bn
Tesla $52bn $49bn $7bn
Tata $28bn $23bn $40bn
Fiat Chrysler €19bn €13bn €111bn
Ferrari $16bn $14bn $3bn

So TSLA is just 4% of total value of these 10 and less than 1% of sales. Imagine it's financial insignificance if compared with the global top 25. (Apologies to Renault, etc for non inclusion in table).

Surely the questions should be:

  • If you own Ford, do you buy more / sell out?
  • If you own Tesla, do you buy more / sell out?
  • If you own neither, do you consider either?

Must have been a slow news day :).



Submitted April 04, 2017 at 08:09AM by shane_stockflare http://ift.tt/2nSW6uu

Click to comment