Tesla shares hit an all-time high on Monday, after the electric carmaker announced strong first-quarter delivery numbers Sunday that outpaced analysts’ expectations.

Tesla shares surged as high as $294.15, blowing past a prior high of $291.42, set on Sept. 4, 2014, and pushing Tesla’s market capitalization past that of Ford. Tesla’s market cap is now about $47.8 billion, while Ford’s sits at about $44.8 billion.

Now, Tesla is just a few billion behind General Motors’ $50.9 billion market cap.

To put this in perspective, Tesla sold just over 76,000 cars in 2016, whereas Ford sold 6.7 million cars in the same year.

Read more

By the way, people who know what's coming are taking advantage of our healthy & delicious storable food!

Related Articles