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Market capitalization of Tesla Inc passed that of Ford Motor on Monday, still trails General Motors as the most valuable U.S. car company in mid-day trade on Tuesday.
Tesla traded at $301.74 at mid-day and had a market capitalization of $49.1 billion, as per Thomson Reuters, compared with $51.1 billion for General Motors.
Tesla on Monday stated it provided a record 25,000 electrical vehicles in the first quarter. It prepares to start production this summer of the mass-market Model 3 sedan.
