Tesla Surpasses Toyota As The Most Valuable Automaker Worldwide
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Tesla has become the most valuable automaker globally, surpassing Toyota and achieving a significant stock surge of 183% since the start of the year. The company delivered over 90,000 vehicles in the second quarter, exceeding analyst expectations. Tesla's market cap has also surpassed major companies like Coca Cola, Disney, and Cisco. This success follows a legal dispute with Alameda County over the reopening of Tesla's main factory, which is now operating at pre-lockdown capacity.
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