Is it that Tesla is 100% electric vehicles or is it that it is a software company that owns the data from all the EVs it sells?
And not far behind is Nikola a company focusing on manufacturing electric trucks. It has the same capitalisation value as Ford yet has not manufactured one truck yet.
No wonder Musk is urging his employees to crank out the Tesla trucks.
Data mastery is leading the world in the valuation stakes.
You might also wonder how VW has actually recovered from "Diesel Gate" and the trend is the important thing. But remember Amazon when you look at trends and data mastery. And Google, Facebook and Apple.
Even in the midst of a pandemic, Tesla continues to reach new heights. The company, which began as a problem-plagued upstart a little over 15 years ago, has now become the world’s most valuable automaker – surpassing industry giants such as Toyota and Volkswagen. This milestone comes after a year of steady growth, which only hit a speed bump earlier this year due to COVID-19’s negative impact on new car sales. Despite these headwinds, Tesla’s valuation has jumped by an impressive 375% since this time last year.
https://www.visualcapitalist.com/tesla-is-now-the-worlds-most-valuable-automaker/
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