Tesla's market capitalization far exceeds that of the 4 largest mining companies in the world
A change of energy paradigm is underway, and Tesla is the protagonist, as in early July 2020, the market value of Tesla Inc. surpassed that of ExxonMobil Corp. In a sign that investors are increasingly betting on a global energy transition away from fossil fuels. See the comparative chart of the capitalizations of these two companies: Although today, Thursday, September 3, 2020, Tesla set back by 9% the business model implemented by Elon Musk, in less than 10 years it exceeded by 30% the market capitalization of the largest mining companies in the world, and it's aggregate 100 years of operation. Another curious fact to highlight is that Tesla's market capitalization for September/2020 is 1.36 times greater than the combined sum of the two largest copper and gold mining companies in the world, see table: The mining companies have lagged as a result of the expectations of revenue growth that investors have assigned to the mining industry. For t