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Tesla surpasses market cap of Toyota, becomes world's most valuable automaker

On July 1, Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker.
Shares of Tesla, which have more than doubled since the start of 2020, climbed as much as 3.5% in intraday trading, giving it a market capitalization of USD 207.2 billion, surpassing Toyota’s USD 201.9 billion.
Tesla produced 1....

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