Post From the Past: Tesla vs. Ford GM

https://twitter.com/mims/status/848971911975636992

https://www.wsj.com/articles/tesla-overtakes-gm-to-become-most-valuable-u-s-auto-maker-1491832043

These tweets brought to you by April 3rd, 2017, the past when I wrote this blog post, and probably have since forgotten about it.

UPDATE Nov. 20, 2018, Mims deleted his tweet, sadly, so I don’t see the prediction he made any longer.

ADDED: I think it must have been a comment about Tesla not being worth as much as Ford and GM in reality.
“What Is Tesla Really Worth?
Auto maker rivals Ford, GM in market cap; profits are far behind
By Charley Grant
Updated April 16, 2017 11:13 p.m. ETTesla Inc. is valued as though it will soon conquer the U.S. auto market. Now, it has the small task of actually doing so.Tesla shares have been unstoppable ahead of the Model 3 launch, having gained 40% this year. The upstart auto maker is more valuable than Ford and slightly less valuable than General Motors on a market cap basis. The crux of the excitement is the all-electric Model 3 sedan that Tesla says will start at $35,000. Production is scheduled to begin this summer.

“UPDATE April 3, 2020:I can’t believe the future is here. Recommended reading provides the answer to my claimed prediction from 2017:

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