TESLA

Company Elon Musk overtakes Mercedes

It's worth it, but the value of listed companies, while having nothing to do with their turnover or ability to generate profits, is all about the future and the probability of generating dividends for shareholders . And if the purse attributed greater value to Tesla than to the BMW Group (plus Mini and Rolls-Royce) in October, it repeated the feat in November, but this time in relation to Daimler, which includes Mercedes and Smart, but also trucks and buses from Freightliner, Thomas Built Buses, Setra, BharatBenz, Mitsubishi Fuso, Detroit Diesel engines and MV Agusta bikes. This in addition to holdings in Denza, Kamaz and Beijing Automotive Group.
Tesla's shares suffered a recent setback with controversy surrounding its CEO Elon Musk, but it took only a month for everything to return to business as usual, prompting stocks to rise. And by the end of the first working day of December, Tesla had already moved to Daimler, the manufacturer on an upward cycle, as opposed to its German rival, as you can see in the graphics in the gallery. This despite Daimler producing more than 3.3 million vehicles (between cars and trucks) and having a net profit of 10.8 billion euros. Tesla does not approach these values ​​nor by shadows, having only entered the profits (diminuidas) of sustained form in the last quarter. But the reality is that shareholders, those who trust the company, bet their money on it.
To the appreciation of the American company also contributed to the policy, especially the announcement of a possible solution to the trade war between the US and China, which is currently damaging Tesla, as well as all companies exporting to China from from the USA. However, it is important to note that Tesla is better equipped to deal with this turn of the tramway and has not only the lowest market costs, but also the higher installed capacity. Autonews