#Auto When Tesla went public in 2010, company disclosed $93 | Ouch Crazy Money
#Auto
When Tesla went public in 2010, company disclosed $93 million in revenue and losses far below the $1 billion. What’s more, Tesla’s initial market capitalization was about $2 billion and didn’t reach $90 billion until 2020.
Eleven years later, Rivian ($100 billion value) is the world’s fifth-largest automaker by market cap having delivered only a few electric vehicles to customers.
