BBC News:
"Tesla's market value has overtaken that of Ford after shares in the electric car maker added more than 7%.
At the close of trading Tesla had a market value of $49bn (£38bn), compared with Ford's value of $46bn.
Tesla's shares rose on Monday after the company announced record vehicle deliveries in the first three months of the year.
The firm delivered more than 25,000 cars in the first quarter, up 70% on the same quarter last year."
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