Tesla Lost $700 Million Last Year, So Why Is Teslas Valuation $60 Billion?

Published: June 20, 2017, 7:03 p.m.

b'Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation?\\n\\nThe future.'