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Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by jcfrei on Monday October 07, 2019 @10:44AM (#21181439)
Tesla has a market cap in between Ford and GM. Their share price most likely reflects an expectation of even more sales in the future.
Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by bryanlarsen on Monday October 07, 2019 @11:21AM (#21181887)
Enterprise Value (shares + debt) is a much better measure of company size than just the share value alone.

By that measure, Tesla is about a third of the size of Ford & GM. (50Billion vs 150Billion)