Tesla’s rise from hopeful start-up to the most sought-after electric vehicle (EV) brand in the world is mightily impressive. On 8 January, the company was considered more valuable than both Ford and General Motors combined, with a market cap of US$89bn. How can a company that has struggled to achieve profitability since its inception possibly be worth more than two of the automotive industry’s biggest names?…
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March 30, 2020