Tesla Passes Ford by Market Value Before Musk Delivers Model 3
Bloomberg -------- Tesla Inc.’s market capitalization surpassed Ford Motor Co., as investors bet Elon Musk can deliver on ambitious growth targets before his more affordable Model 3 sedan even hits the market. The smallest and youngest publicly held U.S. carmaker climbed as much as 5.7 percent in early trading Monday, a day after reporting 25,000 first-quarter deliveries and exceeding analysts’ estimates. Tesla’s surging shares have boosted its market value to $47.8 billion, about $2.7 billion more than Ford. To learn more click on the picture below to read the article.