3 ms·
Ford is trading at 108% book value, GM at 75% of book, Mercedes is 80% of book, and Volkswagen is trading at 1/3rd of book value (!?), assuming Yahoo Finance's
by prewett 4y ago
Ford is trading at 108% book value, GM at 75% of book, Mercedes is 80% of book, and Volkswagen is trading at 1/3rd of book value (!?), assuming Yahoo Finance's numbers are correct. In contrast, Tesla is at 976% of book value. I think it has the potential to fall quite a bit more.