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From petrol to electricity, Ford to Musk
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There's only one race that really matters. Ford has long been at the top of the automotive industry
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revolutionising the world of petrol-powered engines for over a century. But in 2008, Tesla released the roadster
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Despite an initial mixed reception, today millions of Tesla's drive the same roads as their petrol counterparts
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And, with an influx of new EV players from solo to the O, Ford is under extreme pressure
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But there's only one race that really matters when you pit petrol against electric
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In the past three years, Tesla's stock prices soared over 800%. In the same time, Ford has been left in the dust shrinking by over 25%
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Let's take a closer look at that. Tesla is now eight times more valuable than the next biggest US country
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car manufacturer General Motors. Tesla alone saw six times the daily trade value of the entire
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ASX on July 7th. And through 2020, Tesla's stock was traded 721 times more than Ford was by
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stake traders. Oh, and on the track? Well, you can be the judge of that