Elon Musk-led Tesla becomes the most valuable carmaker in US
Elon Musk co-founded electric carmaker Tesla's market valuation hit $53.06 billion on Tuesday, making it the most valued carmaker of the United States. The jump in Tesla's market valuation came after Tesla's stock hit an all-time high after it shared its worldwide sales numbers, that exceeded analysts' expectations. Tesla is followed by General Motors and Ford in market valuation.