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Wall Street values Tesla Motors at US$620,000 per car

Analysts watching if firm can generate profit and positive cash flow in 2016

Published Wed, May 4, 2016 · 09:50 PM
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San Francisco

COMPANY founder and CEO Elon Musk may not mention Tesla Motors Inc's stock price when his electric car company gives its latest financial update this week, but it will be front and centre for investors divided over its seemingly rich valuation.

After a rally that ended in April, Tesla's market capitalisation is currently about US$31 billion - equivalent to US$620,000 for every car it delivered last year, or US$63,000 for every car it hopes to produce in 2020.

By comparison, General Motors Co's US$48 billion market value is equivalent to about US$4,800 for every v…

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