Tesla Breaks $100 Billion Market Cap After Hours

The price rally of the last few days at Tesla has continued after-market with a final price of $547.20 after a gain of 7.19%. At 19:51 EST (1:51 CET), the price of Tesla shares was $555, 1.43% higher than when the stock market closed. With that Tesla broke for the first time through the $100 billion market valuation.

Tesla share price and market valuation on January 21st, 2020 – Source: Yahoo Finance

For comparison: Volkswagen, the most valuable German automobile company, was valued at 100.67 billion dollars (90.718 billion euros) at the end of the day. Volkswagen with almost 11 million cars produced in 2019 is now less than 1% more valuable than Tesla with 367,500 cars manufactured in 2019.

Volkswagen share price and market valuation on January 21st, 2020 – Source: Yahoo Finance

Here is also a link to a daily updated sheet with the market capitalizations of the top 25 car makers.

This article was also published in German.

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