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A comment on GM Cruise raises $1.15B at a $19B valuation from Softbank and Honda. Parent comment

Re:GM Cruise raises $1.15B at a $19B valuation from Softbank... by pbreit on Tuesday May 07, 2019 @05:44PM (#19853728)
Does qualifying for that report help Tesla in any way?
[ Parent | on HN ]
Re:GM Cruise raises $1.15B at a $19B valuation from Softbank... by qroshan on Tuesday May 07, 2019 @08:46PM (#19854869)
Yes. If it were positive and shows them to be the leader, then the market will assign an extra X Billion Dollars to it's MarketCap.

And this is super important when raising the $2B Tesla is seeking.

[ Parent | on HN ]