Tesla's stock surges by 48% in 3 months to rival Ford, GM
According to a Bloomberg report, electric car maker Tesla's stock has surged by 48% in the past three months, despite analysts considering it overvalued. The Elon Musk-led startup has become one of America's 'Big Three' automobile companies in terms of market value, joining General Motors and Ford. Tesla delivered around 80,000 cars in 2016.