Part of Energy & Sustainability Network »

The Energy Collective Group

This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.

Post

Tesla worth more than the entire US oil industry?

image credit: Image: WSJ. https://www.wsj.com/articles/the-oil-patch-took-a-heavy-hit-from-the-pandemic-11606732200
Adam Aston's picture
Adam Aston 110
Solutions-focused business journalist and editor specializing in energy & climate eco think ink

Thought leadership, content strategy, editorial director and creative leader — Solutions-focused business journalist and editor specializing in energy & climate.

  • Member since 2018
  • 6 items added with 1,554 views
  • Dec 3, 2020
  • 1067 views

It's often pointed out that Tesla has lately grown to be worth more than any other automaker or, even worth more than most of the the top car companies combined. But for another perspective, as of 12/2/20, Tesla was worth roughly the same as the 25 largest US oil companies: Tesla, $567bn; top 25 US oil co's, ~$570bn, per the WSJ. 

 

Adam Aston's picture
Thank Adam for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.
Matt Chester's picture
Matt Chester on Dec 3, 2020

Does that perhaps highlights the misuse of these market evaluations or the errors in them? While I'm rooting for the success of Tesla over the oil supermajors-- the impact to the economy and various industries of Tesla suddenly being gone would  not be as significant as the oil and gas majors suddenly going poof, right? 

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »

Your access to Member Features is limited.

Apply for membership
Energy Central Jobs
Featured Jobs
More Jobs