Wednesday, April 5, 2017

Tesla has NOT surpassed GM as most valuable automaker, at least not yet

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April 4 (Reuters) - Tesla Inc, whose market capitalization passed that of Ford Motor Co. on Monday, still trailed General Motors Co as the most valuable U.S. auto firm in trading. Tesla traded at $301.74 midday and had a market capitalization of $49.1 billion, according to Thomson Reuters data, compared with $51.1 billion for GM. Several news organizations reported incorrectly that Tesla had surpassed GM. In trading Wednesday morning, Tesla's stock price was up to $303.70 and its market capita

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Tesla has NOT surpassed GM as most valuable automaker, at least not yet originally appeared on Autoblog on Wed, 05 Apr 2017 09:07:00 EDT. Please see our terms for use of feeds.

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