Andrew S. Ross, writing for the San Francisco Gate, recently wrote an article that made an compelling observation. Based on the 9% stake that Daimler purchased for $50 million, Tesla’s valuation is about $550 million. That’s about half of General Motor’s market valuation ($1.17 billion) with their share at $1.92. The most recent price for a GM share is now around $1.25, meaning that Tesla is now worth more than half of General Motors.

Andrew S. Ross wrote:

“From the what-a-world department: Daimler AG’s $50 million investment in Tesla Motors this week means the San Carlos electric car maker is worth roughly half the value of the world’s largest auto manufacturer, General Motors Corp. With one roadster on the market and one sedan in prototype, Tesla, thanks to Daimler’s 9 percent stake, is valued at $550 million. GM sold 8.35 million vehicles worldwide in 2008; its market value as of Thursday was $1.17 billion, based on the closing stock price of $1.92.”

Could this be another sign that the electric vehicle is about to take it’s rightful place at the head of the table, and that the time of the SUV is nearing it’s end? Let’s hope so.