Ask a Fool: Why Is Tesla Worth $20 Billion?

By Blake Bos – Sep 12, 2013 at 2:41PM

NASDAQ: TSLA

Tesla

Market Cap

$589B

Today's Change

(-2.78%) -$5.13

Current Price

$179.63

Price as of May 7, 2024, 12:00 p.m. ET

Why are shares of Tesla Motors so expensive at the moment?

In this edition of The Motley Fool's "Ask a Fool" series, industrials analyst Blake Bos takes a question from a Motley Fool reader, who asks, "Why is Tesla (TSLA -2.78%) at $170 per share and worth $20 billion?"

Blake Bos has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.