HomeNewsWorldTesla loses valuation race to Berkshire as growth stocks sputter

Tesla loses valuation race to Berkshire as growth stocks sputter

The Elon Musk-led electric-vehicle maker’s shares closed with a market valuation of $604 billion Tuesday, versus nearly $645 billion for Warren Buffett’s conglomerate, underscoring this year’s great economic upheaval as former high-flying technology stocks plunge anew while industrial companies outperform.

November 09, 2022 / 07:46 IST
Story continues below Advertisement
Tesla
Tesla
Bloomberg
first published: Nov 9, 2022 07:46 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!