GM remains most valuable U.S. car company, Tesla is No. 2
GM remains most valuable U.S. car company, Tesla is No. 2:- Tesla Inc (TSLA.O), whose market capitalization passed that of Ford Motor Co (F.N) on Monday, still trailed General Motors Co (GM.N) as the most valuable U.S. auto firm in mid-day trade on Tuesday.
Tesla traded at $301.74 at mid-day and had a market capitalization of $49.1 billion, according to Thomson Reuters data, compared with $51.1 billion for GM.
Tesla on Monday said it delivered a record 25,000 electric vehicles in the first quarter. It plans to begin production this summer of the mass-market Model 3 sedan.
Source:- http://www.reuters.com/article/us-autos-tesla-idUSKBN1761XQ
