January 14, 2021

Raw Data: The Auto Industry Doubled In Value Last Year

I found myself intrigued this morning by this chart from the Wall Street Journal:

Tesla’s wild ride in 2020 basically doubled the market valuation of the entire auto industry, which went from about $800 billion to $1.6 trillion. No matter what you think of Tesla, this is rather extraordinary, no?

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And we need your support like never before, to fight back against the existential threats American democracy faces. Fundraising for nonprofit media is always a challenge, and we need all hands on deck right now. We have no cushion; we leave it all on the field.

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