Business Report: Tesla’s Market Value Rises
An electric car maker has surpassed Ford in market value. Tesla has surpassed Ford in market value for the first time ever.
The electric car maker is also within striking distance of outpacing General Motors.
Analysts say Tesla offers investors something that traditional car makers cannot: unlimited growth.
While GM and Ford sold more than 200,000 cars in March, sales for Tesla for the same period were 4,000.