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Tesla is now the most valuable US automaker ever
- Kaibeezy 7y ago$86.5 billion This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices. The high watermark for GM stock was more recent, when it reached a market value of $67.7 billion in October 2017. Today both of those stocks have lost a good chunk of their value. GM (GM), valued at $50.7 billion, and Ford (F), worth $36.9 billion, together are worth only about 1% more than Tesla alone.
- aazaa 7y ago> This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices. Worth noting that Ford went on to fall from $35/share in 1999 to less than $5/share in 2009, a multi-year, grinding decline of over 80%. It did hold up pretty well during the '00 recession before imploding. The consumer is always the last to get the economic memo.
- rocker311 7y agoWait and watch. Tesla stock is going to crash with the release of Comma AI 2. Tesla stock is highly volatile.