How Tesla Became The Most Valuable Car Company in The World

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Tesla is now the most valuable car company on this planet. In this video we show you how Tesla grew from being basically worthless to the most valuable car company in the world!

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If I came to you 10 years ago, and told you Tesla would be the most valuable car company in the world, you would have thought I was absolutely crazy. Yet fast forward to 2020, and what most thought would be impossible has already happened. Tesla is the most valuable car company in the world, ahead of Toyota, Ford, Volkswagen, Honda, all the big names, Tesla is at the top of the list…

So I guess the question should become, how did Elon Musk do this. I mean especially when you had so many people doubting that he would even get this company off the ground. Yet alone, build it into, the biggest car company in the world.

I mean 12 years ago you had most of the big investors in the world, who did not want a bar of this stocks. As Jim Cramer famously said ““You don’t want to own this stock! You don’t want to own this car! Heck, you don’t even want to rent the thing!”. Oh how wrong Cramer was. Basically now, everyone wants to own a Tesla. You know you got the likes of George Clooney, Simon Cowell, Jay Z, celebrities around the globe all proud Tesla owners.

And essentially at the core of it, Elon Musk did this through 2 key things. His goal was to create a sustainable vehicle that did not pollute the earth. He then put absolutely every last dollar of the companies money and even his money into making this the best vehicle possible. No money spent on advertising, none of that, every last drop put towards Tesla’s physical product.

As Elon Musk said “Tesla does not advertise or pay for endorsements. Instead, we use that money to make the product great.”.

And this is why their end product is so good. And this is why they’ve been able to get ahead of the game by developing autopilot first. This is why their Cybertruck is able to pull other trucks up hill! This is why the model S can go 0 – 60 miles in the 2.3 seconds. It’s because of all the time, money and the sheer brilliance of Elon Musk, been thrown at developing these vehicles…

Anyway these days you got people looking at Tesla thinking it was an overnight success. They look at us early investors like myself who bought at $200 per share thinking we just got lucky. Unfortunately that’s just not how things went down…

The company was actually founded in 2003, back when close to no one even believed making an electric car was possible. That is until two Silicon Valley engineers Martin Eberhard and Marc Tarpenning formed the company because they wanted to prove that electric cars could be better than gasoline-powered cars. Most people looked at this and laughed, and to be honest it kind of was a laugh until they got the man, Elon Musk on board.

He was the man, who was known, for taking big ideas and making them a reality. He’d done it with zip 2, he’d done it with Paypal, and as not many people would have predicted back then. He was about to do it, with Tesla… But this time to a grandeur scale. Instead of making him just a billionaire, it would bring him into the list of the top 10 richest men in the world…

So the initial goal was to invent an electric car that was powerful and beautiful with zero emissions. They were to call this car the Roadster. It took them almost 3 years since incorporating the company, where they achieved their initial goal. It was the year 2006 when the roadster was released, an electric car which did 0 to 60 miles per hour in 3.9 seconds.

Now this was a brilliant start for Tesla. It showed that developing an electric vehicle was possible. Not only this but it could be done with style and finesses. So it was this car that kind of was the sketch to putting Tesla on the map...

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DISCLAIMER: It's important to note that I am not a financial adviser and you should do your own research when picking stocks to invest in. These are just some of my viewpoints, by no means would I recommend watching one YouTube video and then immediately buying that stock. This video was made for educational and entertainment purposes only. Consult your financial adviser.