Browsers may block some cookies by default. Click accept to allow advertising partners to use cookies and serve more relevant ads. Visit our privacy policy page for more information.
tesla-1492713167507.jpeg

Tesla Is Now Worth More Than Ford Motor Company

By

It’s official: Tesla is now the second most valuable car company in the US. The electric vehicle manufacturer headed by Elon Musk, set a new record in the first quarter by delivering 25,000 vehicles.

The company’s stock surged nearly 6% on Monday to an all-time high after reporting strong sales of its Model S and Model X vehicles. In comparison, Ford's shares sank 3% following a weak sales report for March.