Tuesday 28 January 2020

Tesla Overtakes Volkswagen as World’s Second Most Valuable Carmaker

Elon Musk’s electric automobile-churning brainchild Tesla has overtaken Volkswagen with a sudden surge in share price pushing its market value over USD 100 billion (SGD 135.72 billion).* The Tesla Model S. Image: Tesla Second only to Toyota, Tesla’s sudden increase in share prices was driven by a rare declaration of profits at a quarterly earnings...
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