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Tesla Is Now America’s Most Valuable Industrial Company After Surpassing Boeing [Yahoo! Finance News]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla Boeing Tesla’s market valuation surpassed Boeing’s by more than $10 billion on Wednesday morning, according to . Elon Musk Tesla’s value has ballooned over recent months, surpassing nearly all of its other major rivals. The company’s shares have surged 52 percent this year alone, following two straight quarters of earnings that beat expectations. In January, the company became the first US automaker to surpass the $100 billion worth more surpassed Volkswagen, Boeing, in contrast, has struggled through perhaps its biggest crisis in its history. The aerospace company is reportedly suffering from diminishing cash more than a year after two of its 737 Max airplanes crashed and the model was grounded amid multiple government probes. Now, as the spread of the coronavirus curtails global travel and disrupts the industry, the manufacturer is reportedly taking a $13.8 billion Whether or not a loan will be enough to turn things around for Boeing is an open question. But the company was d
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