Tesla’s market value nearly triples in a year, Toyota’s world No. 1 title is about to go unprotected

To say the best investment in the car company last year, everyone would probably choose Tesla. According tomedia reports, the latest figures show that Tesla’s latest market capitalization of more than $150 billion, the nearest year’s growth of 285.55 percent, a nearly threefold increase, the market value of the second-largest Toyota motor vehicle companies.

Tesla's market value nearly triples in a year, Toyota's world No. 1 title is about to go unprotected

But given Tesla’s current momentum and its “rocket-mounted” growth, it is not as difficult as it seems to have been to surpass Toyota in terms of market capitalisation. Tesla’s current market capitalisation is $151.426 billion, and Toyota’s is worth about $163.411 billion, a gap of just $11.985 billion.

To the shame of traditional car makers, however, Tesla’s annual sales have not even been as high as those of one of its models. But its market capitalisation and share price are so magical, and they are increasing all the time.

Tesla will deliver 367,500 cars in 2019, up 50 percent from a year earlier, the data show. Tesla is expected to deliver 500,000 vehicles this year. By contrast, VW delivered 11m vehicles last year and Toyota sold 10,456,600 cars in the first 11 months of 2019.

In addition, Volkswagen, the world’s top-selling car company. Its CEO, Dees, has also publicly said that VW is inferior to Tesla.

And in terms of market capitalisation, Dees also shows a chart comparing Tesla’s valuation to VW’s. Combining the Volkswagen, Audi, Bentley, Porsche and other brands is exactly half of Tesla’s. Mr Dees acknowledged that VW’s valuation had a long way to go to catch up with Tesla.

However, Tesla’s share price has also raised alarm among many market analysts, who believe it is inconceivable that a car company without sales support could become the world’s nod.

But analysts, however, have taken a different view, arguing that Tesla’s electric car technology is leading the industry and that it may take longer than expected. In addition, Tesla has invested in a battery plant that could provide batteries to other car companies in the future. These are Tesla’s long-term sustainable growth engines.