Well That Didn't Take Long: Tesla Already Sparring With General Motors For Most Valuable US Automaker

Elon Musk’s Tesla Inc. briefly surpassed General Motors to become America’s most valuable carmaker -- eclipsing a company whose well-being was once viewed as interdependent with the nation’s.

Tesla climbed as much as 3.7 percent in early Monday trading, boosting its market capitalization to $51 billion. 

The company was valued at about $1.7 billion more than GM as of 9:35 a.m. in New York and the two have jostled for the lead spot in subsequent trading.

MDarringer - 4/10/2017 5:29:30 PM

+6 Boost

Tesla is too good to be true and when things are too good to be true...

vdiv - 4/10/2017 6:02:53 PM

-2 Boost

Well, just keep shorting it :p

HenryN - 4/11/2017 10:12:39 AM

-2 Boost

Fast forward 2009: GM valuation = 0

Without government intervention, where would GM be ? Most GM workers would have a Chinese boss now. But don't worry, history tends to repeat. GM will have another chance.

MDarringer - 4/11/2017 10:13:03 AM

+5 Boost

The collapse will be hilarious to watch.