Hello TESLA stock

Hi

I did decide to write my 1st blog post ever on the ... TESLA stock 😎

I did watch the stock lately and I'm fascinated about the enthousiasm (to put it mildly) around this company...

I do like cars as a hobby. I'm not however an expert on the car industry, financial analyst, etc.

I wonder where from the huge excitement around TESLA is coming for? Is it thanks to its CEO Elon Musk, the technology TESLA is building, the electric car market and its perspectives, speculation or a mix of the above?

The reality is that as of today the TESLA valuation as reported by Yahoo Finance

stands at 224.9 billions $. 

If we consider TESLA as a car manufacturer, what gives if we compare its valuation against say Volkswagen? This company has a valuation of 80.5 billion $ (see here). That gives a valuation for TESLA which almost 3x of the biggest european car manufacturer... 

That's absolutely amazing given that Volkswaggen is selling around 10 million cars per year (10.8 millions in 2019) versus TESLA which sells around 350 thousands per year (367.500 in 2019). Is TESLA making more money per car than Volkswaggen? I'll look into that next...

In the meantime, here is where the TESLA stock is standing as of today. A mind-boggling puzzle...

TeslaStock watcher