Business
Tesla value surpasses consumer giant P&G, next stop Walmart – The Australian Financial Review
The stock closed up 11 per cent at a record $US1835.64 in New York on Monday, despite reports of a drop in the registrations of its Chinese-made cars in July.
The relentless rally in Tesla shares has driven its valuation beyond consumer product behemoth Procter & Gamble, as investors bet on the electric vehicle maker’s ability to dominate the automotive market of the future.
The stock closed up 11 per cent at a record $US1835.64 in New York on Monday, despite reports of a drop in the registrations of Chinese-made Tesla cars in July. China is a key market for Tesla, and Elon Musk’s company is ramping up production there after starting deliveries f…
-
Noosa News23 hours agoYoung voices shape Sunshine Coast’s future
-
Business23 hours ago2 Low Cost Active ASX ETFs to consider
-
Noosa News22 hours agoQueensland government to review greenhouse gas emission reduction targets
-
Noosa News21 hours agoBrisbane news live: Broken-down train causes peak-hour delays