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Tesla becomes the most valuable car brand after the share price exceeded $ 1000

Tesla becomes the most valuable car brand after the share price of the American electric car manufacturer exceeded $ 1000. Tesla's stock price hit the $ 1,000 mark for the first time on Wednesday, meaning the firm has now surpassed Toyota in market capitalization and become the world's most valuable automaker with a market value of $ 190 billion.

Tesla is not only worth more than Toyota, but it is also worth more than Ford, General Motors, and Fiat-Chrysler Automobiles combined. Tesla's share price showed a sharp rise on Tuesday after chief Executive Elon Musk announced via email that the Tesla Semi, a tractor Executive announced by the us manufacturer, is ready for mass production.
In addition, the company has just started deliveries for its fifth model, the model Y SUV, which is expected to become as popular or even more popular than the model 3 sedan.

Tesla's share price topped $ 900 in February on the back of record 2019 sales and optimism about the results of its new Chinese factory. But quotes fell in March with the stock market falling on the spread of coronavirus in the United States.http://fiatforum.lv/http://fiatforum.lv/
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