US automaker Tesla rose to hold the title of the country's most highest-valued car manufacturer after its share price increased this week.
The company’s share price peaked at around $294.65 per share on Tuesday, giving it a total market value of over $50bn. This put the company ahead in market capitalization of much larger car companies such as Ford and General Motors. Such a valuation goes against the company’s recent performance: in 2016, Tesla recorded a net…
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