Tesla value

Ford Motor Company, a success story for over 100 years, lost 23 cents per share in this year's first quarter, and is expected to lose more in Q2. The market value of this, the second biggest car making company in America, is far surpassed by a little car company that's only been around since 2003.

Tesla stock has gained a whopping 85% just this year, and the company's market value is now almost 7x the value of the iconic Ford, Inc.

Right in the middle of the pandemic quarantine, its value keeps rising even while its Fremont CA factory is on lockdown. Tesla achieved a six-month average market value of $100.2 billion at the end of April. 

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 This six-month milestone, according to a pay package agreed to in 2018, authorizes CEO Elon Musk to buy 1.69 million shares of Tesla stock at $350.02/share. Theoretically he could then sell it at the current price of about $760 and make close to $700 million profit. 

Quarter 1 of 2020 (January-March) showed a profit, just the third consecutive quarter to do so. They've been closed since March 24 (Musk is pushing hard for the end of it) but seem to be preparing to open back up soon.