Tesla’s stock has more than doubled in the past three months. File photo: AP

Tesla's stock market value zooms past General Motors’ and Ford’s combined market caps for first time

  • The Silicon Valley electric car maker’s stock jumped nearly 5 per cent on Wednesday, closing at a record US$492.14 per share
  • Its market capitalisation is now almost US$89 billion, US$2 billion more than the sum of General Motors’ and Ford’s market caps
Topic |   Electric cars
Tesla’s stock has more than doubled in the past three months. File photo: AP
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