Tesla is bigger than Ford
Advertisement
Market insiderTesla is bigger than Ford.
Advertisement
Tesla's stock price is up almost 5% on Monday at $292 a share after the company reported blow-out delivery numbers for the first quarter.
Monday's gain has the electric car marker's market cap up to $47.77 billion, overtaking Ford's market cap of $44.70 billion.
Tesla said deliveries skyrocketed 69% year-over-year in the first quarter to a record 25,000 vehicles.
Deliveries were split pretty evenly between the Model S and newer Model X SUV. Tesla said it expects to deliver between 47,000 and 50,000 vehicles in the first half of 2017.
Advertisement
The move comes on the same day that Ford and GM stock are down on weak March sales numbers.
Next StoryAdvertisement
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single 
2 states where home prices are falling because there are too many houses and not enough buyers
"To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
7 Nutritious and flavourful tiffin ideas to pack for school
India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
Top 5 places to visit near Rishikesh
Indian economy remains in bright spot: Ministry of Finance
