Double-WTF Chart of the Year Update: Tesla Becomes Most Valuable Automaker, Blows by Toyota | Wolf Street

Shares of Tesla jumped 3.9% this morning to $1,130, which gave the automaker a market value of $210 billion. It thereby finally surpassed Toyota, the formerly #1 most valuable automaker in the world, whose shares declined 1.6% in Tokyo at the close today, giving it a market cap of ¥21,719 trillion – or $202 billion at today’s exchange rate.

Double-WTF Chart of the Year Update: Tesla Becomes Most Valuable Automaker, Blows by Toyota | Wolf Street