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IT HAPPENED! Elon Musk wants to BUY GM at a price $62.4B, is Insane plan?
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IT HAPPENED! Elon Musk wants to BUY GM at a price $62.4B, is Insane plan?
Elon Musk, the world’s richest billionaire, has crazy ambitions to colonize Mars, turn humans into multi-planetary animals, and dominate the auto industry worldwide. The next plan to serve Elon Musk’s purpose hinted at his to buy GM, the number one automaker in the US for 90 years in a row.
But is Tesla really capable of buying a GM company? And will the deal be beneficial to Tesla in any form or is it just speculation?
If you want to find out more, stay with us until the end of the video. But before we start the video, let’s support and subscribe to our channel, and ring the bell icon so you don’t miss any of our exciting videos in the future. Let’s begin today’s video!
There are several factors that have opened the path for Tesla to acquire GM. Firstly, factor is enormous market capital Tesla has become the global champion in terms of market capitalization in the automotive industry. Let’s have a look at the global ranking of the largest automakers by market capitalization. Tesla is the chart leader with a market capitalization of over one trillion dollars. The first automobile company to join the trillion dollar club occupied by global giants such as Apple, Microsoft, Amazon, Saudi, Aramco and Google.
IT HAPPENED! Elon Musk wants to BUY GM at a price $62.4B, is Insane plan?
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