All this from a company that sells a tiny volume of cars compared to the trio of conventional auto makers. Bloomberg notes that Tesla has 1 percent of Ford's monthly sales. It has even less of GM's. In July, GM sold 234,000 cars in the U.S., Ford 193,000, and Chrysler 140,000 according to Motor Intelligence as reported by the Wall Street Journal.
"Tesla shares, which are up 390 percent this year, change hands at an otherwordly 260 times estimated 2013 earnings, versus 10 for General Motors and 11 for Ford," Bloomberg explains.
It hasn't been all roses. Tesla actually started recalling an estimated 800 Model S cars for safety concerns in July, a development that did not seem to impede last week's safety honors from the U.S. government.
But as Bloomberg notes, "the hits keep coming." All the more reason to ask whether Musk, whose entrepreneurial zeal extends into other industries as well, is the new Steve Jobs.