Daimler agreed this week to invest $50 million, according to a filing yesterday from closely held Tesla. That values the San Carlos, California-based company at $550 million, or 47 percent as much as GM based on today’s stock price as the automaker faces a probable June 1 bankruptcy.
“It’s sort of amusing to see the valuation being half of General Motors,” Eberhard said in an interview today. “There always seems to be this huge disparity between the stock price of high-growth Silicon Valley companies and blue-chip companies that are reasonably mature.”
