teslas market cap is now $15.5 billion and up, while the miniature market cap has jumped to $3.3 billion.
According to data from the National Highway Traffic Safety Administration, the miniaturized market grew from $3 billion in 2017 to $6.9 billion in 2018.
Tesla says the miniatures market will hit $10 billion in 2020.
It’s not the first time Tesla has seen a miniature growth in market share.
In 2016, Tesla had a miniaturization of $2 billion in the US market.
Tesla’s miniaturizers market share is expected to hit $4 billion in 2021.
Tesla has already launched the Model 3 sedan, which will go on sale in 2020, which was the first mass-produced vehicle to be mass-marketed with an electric motor.