Business > Market

Tesla has surged past $525 billion in market value and could soon overtake Warren Buffett's Berkshire Hathaway. Here's why that's astounding

1 month ago   |   By Business Insider

Summary List Placement
Tesla's market capitalization soared past $525 billion on Tuesday, leaving it within striking distance of the $549 billion market cap of Warren Buffett's Berkshire Hathaway.
Shares in Elon Musk's electric-vehicle company have rocketed up more than 500% this year, while Berkshire stock has only risen 2.4%.
The similarity in market caps is surprising, given Berkshire earned $255 billion in revenue last year, more than 10 times Tesla's $25 billion.
Buffett's company also had enough cash at the end of March to buy Tesla outright, as the automaker's market cap was below...
Read more ...

 

Tesla has surged past $525 billion in market value and could soon overtake Warren Buffett's Berkshire Hathaway. Here's why that's astounding

Tesla has surged past $525 billion in market value and could soon overtake Warren Buffett's Berkshire Hathaway. Here's why that's astounding

1 month ago   |   By Business Insider

Summary List Placement
Tesla's market capitalization soared past $525 billion on Tuesday, leaving it within striking distance of the $549 billion market cap of Warren Buffett's Berkshire Hathaway.
Shares in Elon Musk's electric-vehicle company have rocketed up more than 500% this year, while Berkshire stock has only risen 2.4%.
The similarity in market caps is surprising, given Berkshire earned $255 billion in revenue last year, more than 10 times Tesla's $25 billion.
Buffett's company also had enough cash at the end of March to buy Tesla outright, as the automaker's market cap was below...
Read more ...

 


Search by Tags

   Market  


Larry King was known for interviewing celebrities and politicians, but he...

Larry King was known for interviewing celebrities and politicians, but he also had some unforgettable interviews with business leaders. Here's a roundup

Summary List Placement Emmy-winning broadcaster Larry King may be known for his interviews with major celebrities and politicians, but the television legend also interviewed... Read more ...

Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan...

Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan will make the stock market bubble even worse

Summary List Placement Jeremy Grantham reiterated his stock market bubble concerns in a recent Bloomberg interview. He said Biden's $1.9 stimulus package will make the bubble... Read more ...

Biden apologizes to National Guard chief after 5,000 soldiers had to...

Biden apologizes to National Guard chief after 5,000 soldiers had to reportedly sleep in a DC parking garage with only one bathroom

Summary List Placement President Joe Biden has called the chief of the National Guard Bureau to apologize after images circulated online of troops sleeping in a parking... Read more ...

Trump reportedly worked with a Justice Department lawyer in a plot to...

Trump reportedly worked with a Justice Department lawyer in a plot to appoint a loyalist as acting attorney general to help him overturn the election

Summary List Placement Donald Trump reportedly plotted with a Justice Department lawyer to oust acting Attorney General Jeffrey Rosen so he could place a loyalist who would put... Read more ...

The House will transmit the article of impeachment charging Trump with...

The House will transmit the article of impeachment charging Trump with incitement to the US Senate on Monday

Summary List Placement The House will transmit the article of impeachment charging former President Donald Trump with incitement of an insurrection on the US Capitol to the US... Read more ...

New York lost 1 million jobs in 2020 due to COVID-19

New York lost 1 million jobs in 2020 due to COVID-19

Here's why New Yorkers need to get a whole lot more coronavirus vaccine: the economy is in the tank. New York State shed 1 million jobs during the COVID-19 pandemic in 2020... Read more ...

Hundreds of National Guard troops deployed to defend the Capitol have...

Hundreds of National Guard troops deployed to defend the Capitol have reportedly tested positive for COVID or are in quarantine

Summary List Placement Hundreds of National Guard troops from among the thousands who deployed to the nation's capital after the violent riots earlier this month have tested... Read more ...

Elon Musk says he'll throw $100 million into carbon capture tech. VCs...

Elon Musk says he'll throw $100 million into carbon capture tech. VCs including Vinod Khosla told us these 4 startups are leading the way

Summary List Placement By way of a simple 11-word tweet , Tesla chief Elon Musk said Thursday he's donating $100 million to develop a prize for the "best" carbon-capture... Read more ...

Biden just signed an executive order that mandates mask-wearing while flying...

Biden just signed an executive order that mandates mask-wearing while flying and utilizing most forms of mass transit

Summary List Placement President Joe Biden on Thursday signed an executive order mandating mask-wearing on most forms of domestic travel in the first act of federal... Read more ...

Logitech fizzles despite revealing 85% sales growth in latest earnings

Logitech fizzles despite revealing 85% sales growth in latest earnings

Summary List Placement Logitech stock traded down on Friday despite a strong earnings report for the holiday quarter. The Swiss-American manufacturer of computer peripherals... Read more ...