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Tuesday, April 4, 2017

Who Is The Most Valuable US Car Company?


Tesla passes GM as most valuable

 U.S. car company


Tesla Inc on Tuesday morning surpassed General Motors Co as the
 most valuable U.S. auto firm.
In late morning trade, Tesla had a market capitalization of $52.7 billion
 (42 billion pounds) compared with $49.6 billion for GM.
Tesla on Monday said it delivered a record 25,000 electric vehicles in the
 first quarter. It plans to begin production this summer of the mass-market
Model 3 sedan.
(Reporting by Paul Lienert in Detroit; Editing by Chizu Nomiyama)