Tesla Is Officially the Second Most Valuable US Car Company at $49.3 Billion USD

Tesla, the 14-year-old electronic automotive brainchild of co-founder Elon Musk, is reported with a market capitalization of $ 49.3 billion USD, beating out Ford at $ 44.3 billion USD and closing in on General Motors at $ 51.3 billion USD. The Palo Alto-based company focuses on sustainable transport and was founded in 2003, making Tesla roughly one-tenth of its competitors…

Via: HYPEBEAST

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