Tesla is now the second most valuable car company in America.
Ford's market value is about $45 billion, while Tesla's has climbed to almost $48 billion. Tesla also inched closer to GM, which market value is $50.8 billion. Elon Musk's company is not far behind Japan's Honda, which is worth about $54 billion.
Tesla said that it sold about 25,000 of its Model S and Model X vehicles worldwide in the first quarter of 2017. Ford sold more than 617,000 just in the United States. GM sold nearly 690,000 cars and trucks in the first three months.