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Tesla Inc.

passed Boeing Co. as the most valuable industrial company in the U.S., closing a gap that was almost $200 billion a year ago.

Boeing’s biggest one-day plunge in almost 40 years dropped its market capitalization to $106.5 billion, more than $10 billion below Tesla’s value. The planemaker’s shares, already reeling since the grounding of its best-selling 737 Max jetliner, have been hammered by concerns about the coronavirus crimping global travel.



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Who Is Laughing Now? Tesla Overtakes Boeing To Become Most Valuable Industrial Company In The U.S.

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