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With its stock surging, Tesla worth more than Fiat/ Chrysler

By on May 17, 2013 | 8:11 AM
Tesla

With earnings $11 million in the first quarter, but with a score of 99/100 from Consumer Reports, things to Tesla continues to go from strength to strength since its stock on the New York has soared to $76 7 (30%) immediately after the announcement of financial results for its first quarter.

Since the beginning of the year the share has increased its value by 65%, with Elon Musk be sent within 48 hours, 3 billion, just from the increase in share price. Three billion dollars! Plus the value of Tesla stands at 8.76 billion, exceeding the market value of the Fiat-Chrysler (7,72 billion).

When it went public, the stock cost $17 and value the most, after three years, have nearly quadrupled, only positive predictions can make market analysts. They envision that the share of Tesla in the next 18 months will reach $100 while in the next 5 years the price will be shot at $200.

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