CleanTechnica•5 days ago
Tesla Market Cap More Than Market Cap of Toyota, BYD, GM, Ford, Hyundai, Kia, Mercedes-Benz, Stellantis, Geely, Ferrari, BMW, Volkswagen Group, Honda, Nissan, Renault, XPENG, and NIO Combined
- •Tesla's market capitalization significantly surpasses the combined value of 18 major global automakers, reflecting profound investor confidence in electrification.
- •This valuation signals strong market belief in the rapid expansion of electric vehicles (EVs) and battery energy storage systems (BESS).
- •For developers and IPPs, this indicates sustained growth in demand for renewable generation and grid-scale storage to support increasing electrification.
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