Tesla becomes world’s most valuable carmaker without making a profit | Technology

Tesla becomes world’s most valuable carmaker without making a profit | Technology

Comments Off on Tesla becomes world’s most valuable carmaker without making a profit | Technology

Tesla has overhauled Japanese rival Toyota to become the world’s most valuable automotive company. Despite never having made a profit, the billionaire Elon Musk’s electric car manufacturer has been tipped by some pundits to achieve a valuation of more than $1tn (£800bn) as demand for electric vehicles soars. Shares in Tesla climbed by more than
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