market value

  • World

    Tesla becomes the world’s most valuable car maker

    Tesla has become the world’s most valuable carmaker, surpassing Japan’s Toyota after its stock rose to a record high. Shares in Tesla hit US$1,134 on Wednesday before dropping before the close, leaving it with a market cap of $209.47 billion (£ 165 billion), around $4 billion higher than Toyota’s existing market value. Shares in the electric car maker have risen…