Tesla's market value eclipses GM and Ford - combined!
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SAN FRANCISCO (Reuters) - For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co . The Silicon Valley electric car maker's stock rose about 4%at midday on Wednesday, hitting a record high and elevating its market capitalisation to $88 billion (£67.17 billion). That is $2 billion larger than General Motors' and Ford's respective stock market values of $49 billion and $37 billion, combined.Graphic - Tesla's market cap eclipses..