Tesla Becomes the Most Valuable Car Company in America
April 11 , 2017
As per reports, Tesla surpassed General Motors, the Detroit granddaddy and became the most valuable car company in America with sales of $10 billion on nearly 10 million vehicles.
The shares of Tesla helped the company reach $51.5 billion while GM’s value is $50.2 billion.
Tesla produced 84,000 cars last year and the starting price was $68,000.
Tesla's chief executive Elon Musk is now one of the richest people in the country, who will be attending a meeting with the US President Donald Trump on Tuesday.