Toyota, Audi, Nissan and many more, these are car companies that have been existing for a very long time and they have been for a very long time. Recently in July 2020, a company emerged as the most valuable car company in the world and that company is Tesla. I begin to ask myself, but there are more Benz, Rolls Royce, Volkswagen, and Toyota in circulation, how did Tesla become the most valuable company and is Tesla truly the most valuable company?  [Source](https://www.barrons.com/amp/articles/is-tesla-worth-2-322-or-300-how-10-analysts-see-the-stock-51594824352) Tesla, a company that produces electric vehicles was founded by two engineers Martin and Marc who later pitched the business to Elon Musk who invested $6.5 million into the company and soon became the Chairman board of directors. After Elon took over the company, he came with a plan to create luxury electric vehicles for the extra rich and this as a success but the company did not become a talk of the town until it created its truck and also affordable electric vehicle for the general public. The interesting thing about the car is its battery life with faster charging time and not big batteries by size. Do not forget that due to a lot of internal issues in the company among the board of directors as well as heated lawsuits in the beginning, the company was going close to bankruptcy until there was a Christmas breakthrough from NASA for SpaceX which made Elon had enough money to invest in the company. Although, there were other good deals like the Daimler investment, the government soft loan and many more. Tesla sold at the stock market for $17 per shares at IPO. Since the value of a public company is determined by the price of a single stocks to total supply given market capitalization, the company grew in valuation faster than expected.  [Source](https://marketrealist.com/2020/05/overvalued-tesla-stock-makes-ceo-elon-musk-richer/) The company did not only enjoy price in stocks but also, the company made a lot of sales as it was selling an average of 200 thousand unit yearly (this is for a luxury electric vehicle). This year, amid the pandemic, the company stocks reached a record high of $208 billion valuation compared to its IPO of $226 million and this made the company the most valuable company followed by Toyota. The company’s stocks have been on a high, although always sees a little drop due to news and delay in rolling out new versions, it has maintained between $1000 to $1500 per shares. ### Is Tesla’s Company Overvalued? This is one thing I ask myself. I have seen a lot of people buy into Tesla because of one person Elon Musk. The believe is that Elon is the Tech Jesus and Tesla is a Tech company. Well, I will say it is in a way and it isn’t in another way since they manufacture and sell cars but I will leave it to you to tell me your opinion about the company Tesla and if it is overvalued. ### Check Out More on Tesla in the Links Below https://www.bbc.com/news/business-53257933 https://www.forbes.com/sites/sergeiklebnikov/2020/07/01/tesla-is-now-the-worlds-most-valuable-car-company-with-a-valuation-of-208-billion/ https://www.forbes.com/sites/sergeiklebnikov/2020/06/23/tesla-is-overvalued-investors-are-treating-it-too-much-like-a-tech-company-says-morgan-stanley/ https://www.businessinsider.com/tesla-stock-price-q2-earnings-analysts-comment-following-blockbuster-report-2020-7
| author | eni-ola | ||||||
|---|---|---|---|---|---|---|---|
| permlink | is-tesla-overvalued-my-thoughts-on-tesla-being-the-most-valuable-car-company | ||||||
| category | hive-175254 | ||||||
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mammasitta | 0 | 4,621,892,533 | 0.7% | ||
| gerber | 0 | 18,952,467,222 | 0.29% | ||
| ezzy | 0 | 22,368,465,839 | 0.29% | ||
| xpilar | 0 | 416,259,755,406 | 50% | ||
| exyle | 0 | 22,159,122,549 | 0.29% | ||
| bert0 | 0 | 1,999,061,361 | 0.4% | ||
| netaterra | 0 | 5,796,760,401 | 0.26% | ||
| someguy123 | 0 | 9,781,135,348 | 0.44% | ||
| develcuy | 0 | 3,615,400,575 | 50% | ||
| chesatochi | 0 | 82,600,616,695 | 15.5% | ||
| lastminuteman | 0 | 31,472,939,584 | 47.5% | ||
| privex | 0 | 488,973,825 | 0.58% | ||
| oluwoleolaide | 0 | 50,901,989,559 | 70% | ||
| gbenga | 0 | 16,291,933,940 | 50% | ||
| lizanomadsoul | 0 | 5,770,395,618 | 2% | ||
| dune69 | 0 | 1,129,553,094 | 0.29% | ||
| khussan | 0 | 1,143,425,520 | 50% | ||
| jagged | 0 | 11,172,255,729 | 7.75% | ||
| mys | 0 | 733,686,780 | 0.33% | ||
| rycharde | 0 | 1,185,892,833 | 10% | ||
| samminator | 0 | 33,487,725,817 | 21.7% | ||
| techken | 0 | 1,496,920,842 | 2.5% | ||
| d-pend | 0 | 1,337,683,244 | 0.05% | ||
| btcsam | 0 | 5,370,384,585 | 31% | ||
| barcenas | 0 | 689,980,087 | 60% | ||
| tfame3865 | 0 | 22,105,048,521 | 25% | ||
| syedumair | 0 | 28,047,646,060 | 3.1% | ||
| hassanabid | 0 | 1,387,211,074 | 15.5% | ||
| valchiz | 0 | 2,273,909,002 | 15.5% | ||
| nainaztengra | 0 | 45,399,844,996 | 5% | ||
| felander | 0 | 1,496,261,981 | 0.29% | ||
| devcoin | 0 | 5,779,317,028 | 50% | ||
| tipu | 0 | 2,659,791,741,804 | 7% | ||
| fbslo | 0 | 660,154,579 | 0.16% | ||
| accelerator | 0 | 44,343,235,093 | 5% | ||
| sawcraz.art | 0 | 781,631,471 | 50% | ||
| deathwing | 0 | 269,659,080 | 0.29% | ||
| takeru255 | 0 | 1,022,145,826 | 50% | ||
| gotgame | 0 | 18,809,673,039 | 50% | ||
| dinglehopper | 0 | 15,976,611,254 | 25% | ||
| vishalsingh4997 | 0 | 885,534,218 | 15.5% | ||
| gtpjfoodbank | 0 | 30,143,187,247 | 90% | ||
| cjsean | 0 | 1,147,833,942 | 17.5% | ||
| caladan | 0 | 991,048,704 | 0.29% | ||
| alvinauh | 0 | 18,303,751,561 | 15.5% | ||
| mtl1979 | 0 | 1,345,943,413 | 25% | ||
| emrebeyler | 0 | 5,570,247,304 | 0.29% | ||
| citizensmith | 0 | 2,001,950,392 | 0.29% | ||
| mikitaly | 0 | 8,875,052,925 | 31% | ||
| guruvaj | 0 | 20,628,983,017 | 27.5% | ||
| tolustx | 0 | 2,129,687,361 | 15.5% | ||
| fourfourfun | 0 | 3,340,597,982 | 12.5% | ||
| fortunex | 0 | 3,869,390,827 | 15.5% | ||
| adityajainxds | 0 | 3,017,649,592 | 3.33% | ||
| bartheek | 0 | 10,109,606,552 | 3.5% | ||
| mervin-gil | 0 | 1,096,677,941 | 50% | ||
| fun2learn | 0 | 5,063,969,509 | 3% | ||
| nealmcspadden | 0 | 4,733,663,651 | 0.29% | ||
| piotrgrafik | 0 | 155,498,585,945 | 40% | ||
| manncpt | 0 | 1,163,972,409 | 2% | ||
| purefood | 0 | 4,598,835,529 | 0.29% | ||
| chronocrypto | 0 | 669,405,073 | 0.29% | ||
| ramsesuchiha | 0 | 5,378,023,659 | 31% | ||
| gabyrutigliano | 0 | 552,638,892 | 50% | ||
| happy-soul | 0 | 30,072,319,573 | 3.5% | ||
| allyson19 | 0 | 3,770,711,784 | 20% | ||
| steempampanga | 0 | 3,493,645,757 | 25% | ||
| yurilaya | 0 | 757,785,331 | 15.5% | ||
| zoniacb | 0 | 1,247,618,808 | 31% | ||
| retinox | 0 | 5,252,006,423 | 24.87% | ||
| wisejg | 0 | 679,453,208 | 50% | ||
| josevas217 | 0 | 663,152,267 | 0.32% | ||
| bestboom | 0 | 1,145,437,851 | 0.29% | ||
| abrockman | 0 | 883,462,763 | 0.29% | ||
| uyobong | 0 | 10,358,024,028 | 15.5% | ||
| paragism | 0 | 7,426,793,006 | 30% | ||
| franyeligonzalez | 0 | 3,435,179,668 | 15.5% | ||
| freddio | 0 | 12,645,299,186 | 15% | ||
| therising | 0 | 4,773,698,608,440 | 31% | ||
| themightyvolcano | 0 | 2,536,503,655 | 0.29% | ||
| tresor | 0 | 23,829,425,111 | 8.47% | ||
| payroll | 0 | 119,142,774,022 | 2% | ||
| mariusfebruary | 0 | 99,611,364,359 | 15.5% | ||
| globalschool | 0 | 750,348,965 | 1% | ||
| ritxi | 0 | 33,699,907,094 | 15.5% | ||
| crypto.piotr | 0 | 1,198,462,425,575 | 50% | ||
| minerthreat | 0 | 5,287,569,491 | 25% | ||
| akdx | 0 | 4,313,649,599 | 7.75% | ||
| khiabels | 0 | 2,115,534,533 | 22.5% | ||
| kmhrzz | 0 | 0 | 100% | ||
| tysler | 0 | 40,642,126,327 | 29.45% | ||
| solarwarrior | 0 | 275,830,168,145 | 20% | ||
| dses | 0 | 24,545,281,410 | 60% | ||
| evegrace | 0 | 1,009,478,949 | 7.75% | ||
| longer | 0 | 809,778,890 | 1.75% | ||
| karamyog | 0 | 1,095,927,657 | 31% | ||
| shortsegments | 0 | 122,178,921,420 | 25% | ||
| attention-seeker | 0 | 7,480,533,315 | 100% | ||
| tech-coin | 0 | 4,933,453,339 | 100% | ||
| bigpower | 0 | 74,863,177,985 | 50% | ||
| cyberspacegod | 0 | 1,441,594,602 | 50% | ||
| quatro | 0 | 1,535,077,939 | 20% | ||
| indianapatt | 0 | 943,253,496 | 50% | ||
| rakison2 | 0 | 29,571,324,829 | 15.5% | ||
| erica005 | 0 | 1,766,879,095 | 30% | ||
| dlike | 0 | 3,530,317,268 | 0.29% | ||
| deathcross | 0 | 119,552,836,140 | 100% | ||
| london65 | 0 | 2,189,004,065 | 22.5% | ||
| voxmortis | 0 | 597,367,715 | 0.25% | ||
| coinmarketcal | 0 | 118,761,195,860 | 98% | ||
| engrave | 0 | 3,752,188,067 | 0.27% | ||
| perazart | 0 | 5,603,792,101 | 50% | ||
| laissez-faire | 0 | 48,580,902 | 100% | ||
| voter002 | 0 | 2,115,804,952 | 13.11% | ||
| voter003 | 0 | 1,879,825,972 | 1.33% | ||
| babysavage | 0 | 52,205,964,815 | 100% | ||
| alokkumar121 | 0 | 4,646,722,821 | 7.75% | ||
| merlin7 | 0 | 331,596,886,959 | 25% | ||
| reverseacid | 0 | 7,928,522,727 | 50% | ||
| followjohngalt | 0 | 1,535,893,333 | 0.29% | ||
| veronik28dic | 0 | 1,309,426,015 | 50% | ||
| jacuzzi | 0 | 1,113,279,812 | 3.5% | ||
| reflektor | 0 | 590,865,822,928 | 50% | ||
| kaux | 0 | 573,470,112 | 50% | ||
| bippe | 0 | 181,679,139,749 | 50% | ||
| junnel123 | 0 | 543,252,144 | 25% | ||
| blackbird24 | 0 | 698,789,225 | 50% | ||
| hingsten | 0 | 391,499,296,576 | 50% | ||
| fusion.lover | 0 | 23,778,712,997 | 100% | ||
| coinmarketcal2 | 0 | 12,543,716,662 | 100% | ||
| cabalen | 0 | 1,416,029,651 | 17.5% | ||
| jadung | 0 | 2,359,691,512 | 25% | ||
| daijiworld | 0 | 16,526,012,353 | 100% | ||
| theithei | 0 | 1,490,956,912 | 20% | ||
| kryptogames | 0 | 31,845,771,503 | 7% | ||
| ritch | 0 | 1,710,599,822 | 15.5% | ||
| omnivori | 0 | 1,881,485,927 | 90% | ||
| tinster | 0 | 1,603,773,271 | 25% | ||
| glstech | 0 | 989,736,156 | 25% | ||
| tomlee | 0 | 5,381,252,641 | 25% | ||
| steem.leo | 0 | 7,663,760,841 | 0.29% | ||
| freddio.sport | 0 | 3,626,376,760 | 15% | ||
| co2admin | 0 | 3,367,873,117 | 24.87% | ||
| lrcconsult | 0 | 5,144,234,915 | 50% | ||
| addax | 0 | 1,031,740,890 | 100% | ||
| project.hope | 0 | 8,600,238,853,583 | 50% | ||
| maxuva | 0 | 1,239,347,522 | 70% | ||
| maxuvd | 0 | 20,503,137,600 | 6% | ||
| dark-queen | 0 | 608,121,531 | 7.75% | ||
| delegate4gg | 0 | 2,958,647,711 | 100% | ||
| bcm | 0 | 4,651,191,638 | 5.25% | ||
| tonimontana.leo | 0 | 0 | 0.41% | ||
| ilidan | 0 | 582,187,008 | 7.75% | ||
| dbfoodbank | 0 | 2,293,531,025 | 57% | ||
| gerbo | 0 | 0 | 0.28% | ||
| simplex-world | 0 | 3,547,664,678 | 42.63% | ||
| ph-fund | 0 | 61,530,240,374 | 31% | ||
| jgb | 0 | 883,932,225 | 7.75% | ||
| weddinggift | 0 | 3,101,409,823 | 100% | ||
| hope.venezuela | 0 | 552,316,446 | 31% | ||
| josemengele | 0 | 711,299,045 | 50% | ||
| awah | 0 | 5,916,918,250 | 15.5% | ||
| mice-k | 0 | 1,213,657,629 | 0.29% | ||
| brage | 0 | 1,698,379,846 | 50% | ||
| steemcityrewards | 0 | 0 | 0.29% | ||
| hivebuzz | 0 | 3,729,953,015 | 2% | ||
| luckyali | 0 | 1,904,831,812 | 24.8% | ||
| bnk | 0 | 23,757,079,352 | 20.48% | ||
| polish.hive | 0 | 711,181,313 | 0.29% | ||
| mynima | 0 | 1,076,603,859 | 31% | ||
| sunsan | 0 | 628,154,270 | 25% | ||
| dcityrewards | 0 | 9,267,581,635 | 0.29% | ||
| beckie96830 | 0 | 7,544,046,221 | 50% | ||
| ph-support | 0 | 1,916,296,088,811 | 50% | ||
| hivecur | 0 | 7,221,902,247 | 0.29% | ||
| chartreader | 0 | 0 | 0.29% | ||
| arenacrypto | 0 | 2,440,949,387 | 15.5% |
@tipu curate
| author | crypto.piotr |
|---|---|
| permlink | qeoqog |
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<a href="https://tipu.online/hive_curator?crypto.piotr" target="_blank">Upvoted 👌</a> (Mana: 8/32)
| author | tipu |
|---|---|
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Congratulations @eni-ola! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) : <table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@eni-ola/upvoted.png?202008051002"></td><td>You received more than 8000 upvotes. Your next target is to reach 9000 upvotes.</td></tr> </table> <sub>_You can view [your badges on your board](https://hivebuzz.me/@eni-ola) And compare to others on the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! **Do not miss the last post from @hivebuzz:** <table><tr><td><a href="/hivebuzz/@hivebuzz/pudresponse"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hivebuzz/@hivebuzz/pudresponse">Feedback from the last Hive Power Up Day</a></td></tr></table>
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|---|---|
| permlink | hivebuzz-notify-eni-ola-20200806t162328000z |
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Respect to Elon for his boldness.
| author | paragism |
|---|---|
| permlink | re-eni-ola-qenotq |
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hiveblocks