Tesla is now bigger than Ford.
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 maker's market cap up to $47.77 billion, overtaking Ford's ($44.70 billion) for the first time. 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.
Business insider
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.