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Friday, July 3, 2020

Porsche Unveils 2021 911 Targa 4S Heritage Design Edition

Following the unveiling of the 2021 911 Targa 4S, Porsche has now revealed a Heritage Design Edition of the highly-anticipated sports car.
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Tesla has surpassed Toyota to become the most valuable automaker in the world. According to Visual Capitalist, the Elon Musk-led outfit is currently valued at $183 billion, while Toyota is now the second most valuable car company at $176 billion.

Volkswagen and its $84 billion currently sit in third position, while Honda and Daimler round out the top five at $45 billion and $44 billion, respectively.

Tesla has increased its value by 375 percent since this time last year. Following a stock surge in January, the company became worth more than Ford and GM combined. Visual Capitalist also points out that Tesla sold more cars in 2019 than it did the two previous years combined.

A large reason why Tesla’s value continues to skyrocket is an increase in its production capacity. While the company remains steadfast in opening new factories in the US, it is also expanding globally with Gigafactories in Berlin and Shanghai.

Furthermore, Musk and Tesla remain focused on producing electric semi-trucks. They aren’t the only ones, however, as rival electric car company, Nikola, eyes the same goal. Nikola has yet to produce a vehicle, but is already valued at $24 billion.

Latest Posts

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Kanye West took to Twitter yesterday to share a photo of himself alongside Elon Musk, leading many to believe a potential collaboration is on the way....

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BEST FEMALE R&B/POP ARTIST BeyonceH.E.R.Jhene AikoKehlaniLizzoSummer Walker

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With the Coronavirus (COVID-19) piling on top of its financial struggles, Chuck E. Cheese parent company, CEC Entertainment, has now officially filed...

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