Tesla is the most valuable American car company in history

Illustration, Photo: AP

Tesla has become the most valuable American automobile company in history and is now listed on the stock exchange more than traditional industrial giants Ford and General Motors (GM) combined.

Although Ford and GM produce two million vehicles a year, and Tesla only about 300,000, the company’s shares have been on a dizzying rise since October, when it recorded a startling profit and announced the market launch of the Model Y electric compact months ahead of schedule, Capital.ba reports. .

Behind it all is the eccentric investor, engineer and inventor Elon Musk, who grew up in South Africa, to emigrate to Canada as a 17-year-old and then settle in the United States of America (USA).

His personal vision is not only business and terrestrial, but also space: his mission is to revolutionize traffic on earth and in the galaxy, reduce global warming through sustainable energy production and consumption, and reduce the risk of extermination of the human race through colonization of other planets.

In addition to Tesla, Musk is the founder and investor of SpaceX, OpenAI, Neuralink, Boring Company, as well as co-founder of SolarCity and PayPal.

The wealth of one of the world’s leading technology leaders is currently estimated at around $ 30 billion, and most of that pie is largely related to Tesla’s impressive development.