Answer: 10

Questions:

• Why do you think Tesla is valued so much higher than all the other auto companies (Hint: think about how their cars are powered). 
• Do you know who the founder of Tesla is? How about the founder of any of the other car companies you see on the chart? 
• What do you think that Tesla’s value signals about the future of the car industry?

Here's the ready-to-use slides for this Question of the Day for your classroom.

Behind the numbers (USA Today):

Its market value stands greater than General Motors, Toyota, Ford, Volkswagen, BMW and several other auto giants combined. Tesla shares added roughly $100 billion in value in one day on Monday, which is nearly two times Ford’s market cap.

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NEW CONTEST: Last day for your class to predict the monthly jobs number. $100 in prize money available to the class with the closest estimate. Details here. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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