Tesla recently made headlines when it overtook Toyota as the most valuable automotive company in the world. That fact is pretty unbelievable when you compare the amount of cars each company sold last year:
Toyota sold about 10.7 million cars globally in 2019.
Tesla sold under 368,000.
Of course, Tesla has achieved its value more on the basis of future potential than present accomplishments. The company, under the leadership of its polarizing chief executive Elon Musk, has paved the way in producing electric vehicles, at a time when the world as a whole is moving towards using more sustainable sources