Tesla officially becomes Americas most valuable car company

A mere week after Tesla overtook Ford as the second-most valuable auto manufacturer in the US, the company’s stock has surged past the nation’s top car maker. On Monday, Tesla officially closed out the day at $1.7 billion dollars more than General Motors, with a value of $51 billion total. Not a small feat considering that GM is an established company with a 109 year history, while Tesla has only existed since 2003.

It’s important to note that, despite the high stock prices,…

from Inhabitat – Green Design, Innovation, Architecture, Green BuildingInhabitat – Green Design, Innovation, Architecture, Green Building http://inhabitat.com/tesla-officially-becomes-americas-most-valuable-car-company
via Inhabitat

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