Tesla Now Worth More Than Volkswagen

It’s been coming and now it has happened. Tesla’s market capitalization has not only broken through the 100 billion dollar barrier, but has also simultaneously overtaken Volkswagen, the last German automobile company in value.

While Tesla’s share price had already risen by more than 20 percent in the early morning hours, VW lost almost 1 percent. This put Tesla’s market valuation at over 102 billion dollars, while VW’s was valued at 99.6 billion (€89.867 billion).

Tesla’s Market Capitalization on January 22nd, 2020. Source: Yahoo Finance

Volkswagen

Volkswagen’s Market Capitalization on January 22nd, 2020. Source: Yahoo Finance

This article was also published in German.

2 Comments

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s