Who's laughing now? Tesla Motors now worth half of GM's value (on paper)

 

 Photos: Michael Graham Richard

"It's sort of amusing," remarked Tesla co-founder Martin Eberhard. Last week I wrote about Daimler buying an almost 10% stake in elcetric car maker Tesla Motors. Andrew S. Ross, writing for the San Francisco Gate, made an interesting observation. Based on the ±9% stake that Daimler purchased for $50 million, Tesla's valuation is about $550 million. That's about half of GM's market valuation ($1.17 billion)...

Who's Laughing Now? Tesla Motors Now Worth Half of GM's Value (On Paper)

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