News Digest Item
06 Apr 2017

Tesla market capitalisation approaches BMW’s and Daimler’s


US e-car pioneer Tesla is now worth 53 billion dollars on the stock market, overtaking domestic market leader General Motors for the first time, reports Thomas Jahn in business daily Handelsblatt. “Slowly, Tesla is appearing in German carmakers’ rear-view mirror. BMW has a market capitalisation of about 57 billion dollars, Daimler manages 76 billion dollars.”

Read the report in German here.

Find background in the CLEW factsheets Early e-car starter BMW plans new mobility sprint and Reluctant Daimler plans “radical” push into new mobility world

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