Tesla has inched ahead of General Motors to become the most valuable car company in America.
The electric-car maker hit a market value of $50.84 billion on Monday, edging past GM (GM) at $50.79 billion.
It's another milestone for Tesla (TSLA), which passed Ford (F), valued at about $45 billion, last week. And Tesla is inching closer to Japan's Honda (HMC), which has a market value of about $54 billion. Toyota, the most valuable car company in the world, is three times as big.
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