these successful companies were built on sheer innovation and we can see how valuable they have become in the short time they have been around or have been focusing on innovation. when tesla's value is compared to that of general motors, we see that the market capitalization of general motors is $53.98 billion today in which the company has been around since 1908 whereas tesla was founded in 2003 and has achieved 50% of general motors value within 12 years.