Daimler 's CNY1.1 billion (USD172.1 million) China R&D Technology Center opened in Beijing yesterday, Jiemian News reported. Research, engineering and road testing can all be done under one roof for the first time and it facilitates collaboration between nearly 1,000 researchers.
One year ago, Tesla had a lower market cap than both GM and Ford. At $281 billion today, it now has a higher market cap than GM, Ford, Fiat Chrysler, Daimler, BMW, Ferrari, Honda, and Hyundai ... Combined. $TSLA Chart via @ycharts
NEW: The Fed has posted the 794 companies whose bonds it began purchasing earlier this month as part of its "broad market index" Six companies were 10% of the index: Toyota, Volkswagen, Daimler, AT&T, Apple and Verizon
Just to put things into perspective: After recent run of +94% within 3mths, Tesla's mkt cap is now ~50% larger than that of Daimler or BMW. BMW has sold ~2.4mln vehicles, Daimler ~2.3mln Mercedes-Benz vehicles while Tesla delivered 367,500 vehicles total in all of 2019.