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Toyota shares were down -$2.76, or -2.33% during premarket trading Wednesday. The stock is up 27% YTD. The Bottom Line Shares of Toyota Motor Corporation (TM) have a 1.23% yield, based on Tuesday's closing price of $118.26.
After that, it's a long road before Tesla could top the number one car company. Toyota's market value is $160 billion. But Musk might not even be satisfied if Tesla gets to that level. Two years ago, he boldly predicted that Tesla could one day be worth as much as Apple . Apple was worth $700 billion at the time and is now worth about $750 billion. Musk will have to sell a lot of Model 3s and solar roofs to get there.