Tesla Enterprise Value Just 25% Below That Of General Motors

Tyler Durden's picture

A well-placed Morgan Stanley "Utopia" upgrade here, a 'gigafactory' promise there, sprinkle in a 37% short-interest and what do you have? Telsa is surging once again (up 17% today)... breaking above a $30 billion enterprise value - just 25% below that of GM, based on Bloomberg's data.

 

Tesla is now 60% of Ford's enterprise value and over 75% of GM's...

 

Chart: Bloomberg