Tesla now has market value of 20 billion dollars

Posted on Thursday, 29 August 2013 , 04:08:27 byIulia

Filed under teslaasiansupercarpricekiasuzukiTeslaPricingSupercarsKIASuzuki

Tesla now has market value of 20 billion dollars

Tesla carmaker had very good figures in terms of stocks in 2012. This started to happen after the production of the Model S started. Thousands of models have been delivered even to skeptical buyers that seem to be quite happy with the product. For now, the situation is stable nothing significant is happening in the matter, at least for the manufacturer and the one model range. Just for information, the market value for the company has reached $20 billion in record time. For example, for the coupe of days ago, the stock price reached $173, which is quite impressive. We are sure you can agree that never had a company managed to rise this fast, especially if we are talking about an automotive company. Different sources have indicated the fact that the manufacturer managed to increase their numbers five times this year alone. Elon Musk, the CEO of the company has big plans for the future. He wants to shift 21.000 examples of the Model S ad by next year the specialist wants to double the figure. In the end, the company will use this model as a base for future models, which hopefully will be cheaper. Sales on the European market are great already and the same will happen with different other countries. The company is getting ready for entering the Chinese market as well. It is a great deal to be a very small carmaker that makes one niche model and in the same time to have a higher value overall. In the world, Tesla is located on the 13th place in terms of value. Actually to be more precise, the company is just behind Kia, in front of Suzuki, in terms of stock prices, of course. These are all the details available on the manufacturer and their Model S for now.