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Tesla May Soon Surpass Toyota As World's Most Valuable Car Company

by Darshit Singh Jun 11, 2020 • 11:09 PM Views 3656

 

With a $190 billion market valuation, Tesla is now closing in on the market leader, Toyota (valued at $216 billion), to become the world's most valuable car company. On June 10, the Elon Musk backed company's stock rose to more than $1000 a share for the very first time. Tesla's market cap rose by nearly $40 billion in May and $70 billion in the last quarter