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

by Darshit Singh Jun 13, 2020 • 09:00 PM Views 2038

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