Tesla Is In A League Of Its Own

Tesla Is In A League Of Its Own
Andrew Rummer

about 3 years ago1 min

Mentioned in story

Tesla is certainly in a league of its own – at least when it comes to how much investors are willing to pay for its shares. 

As the maker of electric cars prepares to report quarterly results later on Wednesday, we’ve plotted its valuation compared with industry peers. 

Tesla’s price-to-sales ratio – its stock market value divided by next year’s projected revenue – has climbed close to 20, more than double the level of just six months ago. Meanwhile, Toyota trades at 0.8 times sales, General Motors at 0.5 and the global autos sector as a whole at 0.7. Take your pick!

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