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Move over GM: Tesla is the most valuable U.S. carmaker

Just days after surpassing Ford to become the second most valuable carmaker in America, Tesla on Monday rode a stock-price surge to grab first place.

Surpassing General Motors to claim the largest market cap among the nation’s big automakers, Elon Musk’s Tesla has now unseated a manufacturing icon that was once viewed as the face of America’s corporate might. Tesla stock climbed as much as 3.4 percent in early Monday trading, boosting its market capitalization to about $51 billion, or about $1.7 billion more than GM.

More www.mercurynews.com/2017/04/10/move-over-gm-tesla-is-the-most-valuable-u-s-carmaker/
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