Not worldwide I guess... But I see so, SO many Teslas driving around, it's bizarre how far they got in such little time.
Last year, roughly 90 million new light vehicles were sold worldwide. 1.8 million of these were Tesla --- about 2% of the total.
Earlier this year, Tesla's market capitalization was $1.5 TRILLION --- more than virtually all the major auto manufacturers in the world COMBINED.
Can you say, "Ridiculously over priced"?
How can a company's valuation have seemingly no tie at all to how they're doing as a company? Just on the surface that seems absurd. But that's not even my concern - my concern is that this happens and nobody seems to care. As if there's very real exploits in our financial markets and nobody seems to bat an eye.
Just the fact Tesla has somehow managed to do this should be making us uneasy! But then again, I don't understand the stock market, and nobody understands the economy, so I guess it's fine.
The model 3 didn't come out until 2017. Before that, Tesla only made niche Model X/S cars. That was a huge run up in just 8 years, who knows if that would have kept going if Musk didn't make the mistake of binding himself to Trump.