Tesla worth exceeds Ford, GM despite only 1% of their sales
Elon Musk-led electric car making company Tesla is currently worth $53.5 billion, more than the market value of top American carmakers Ford ($43.41 billion) and General Motors ($50.67 billion). Interestingly, Tesla sold nearly just 1% vehicles of what Ford and General Motors sold in the second quarter ended June 2017. Tesla is currently the most valuable American car company.