This chart explains why Tesla's stock price is entering insane territory (TSLA)
After briefly seeing its market cap rise above General Motors, Tesla has watched its stock decline slightly this week. But with a total value of $48 billion, versus $51 billion for GM, Tesla is still considered by Wall Street the number two US automaker — Ford is at $44 billion.
At the New York Auto Show this week, we've heard from plenty of executives that what Tesla has done is impressive and that CEO Elon Musk deserves a lot of credit for creating the car company of the future. When it
Read more »