Tuesday, March 5, 2024
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Tesla pulls ahead of Toyota to become the most valuable Automaker in the world:

Shares of Tesla have doubled since the beginning of the year and last Wednesday it climbed as much as 3.5% in intraday trading which made Tesla to be the currently the most valuable car manufacturer in the world. What’s surprising is that this company led by Elon Musk was able to do it only within a span of ten years! Both the companies- Toyota and Tesla could be seen undulating to take the lead during the past few weeks till last week when finally, Tesla was able to blow past the behemoth from the East. Tesla is on a new different league of its own when compared to other American manufactures. For instance, the two largest American carmakers General Motors and Ford had a combined market value of $60billion last Wednesday which is less than three times of how much Tesla is worth.

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