Date: January 16, 2020 05:53PM
The following [Article] below is from "The Week" Magazine dated January 17, 2020...
[Tesla's stock surged to new highs this week, bringing it's total market value to $90-billion, the highest ever for a U.S. carmaker and greater than that of GM and Ford combined, said Michael Wayland in CNBC.com.
Shares rose after Tesla announced that its $2-billion Shanghai plant, brought up and running in just 10 months, is already producing 1,000 vehicles a week.
That comes on the heels of a fourth quarter "in which Tesla significantly topped estimates" for deliveries, hitting 367,500 for 2019 and meeting CEO Elon Musk's promise to sell at least 360,000 cars, a goal some analysts had called close to impossible.]
LDS-INC is sitting on an astonishing amount of money...closer to Tesla Corp's value and more than GM & Ford combined.
That's perspective for you...but the real Question is WHY???
On another note...anyone here drive a Tesla???
Or so it seems to me...