Tesla becomes most valuable automaker in latest stock rally1 min read . Updated: 01 Jul 2020, 11:05 PM IST
- Tesla shares gained 5% to a record of $1,133, boosting the company market cap to $209.47 billion, roughly $6 billion more than former front runner Toyota Motors Co
- It shares rose 163% since start of 2020, now worth over triple the combined value of US automakers General Motors Co and Ford Motor Co
Tesla Inc on Wednesday, became the highest-valued automaker as its shares surged to record highs and the electric carmaker's market capitalization overtook that of former front runner Toyota Motors Corp.
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