Tesla races past US$100 billion in market valuation

REUTERS: Tesla Inc on Wednesday became the first publicly listed U.S. carmaker to cross US$100 billion in market valuation, in a stunning rally that has seen its stock more than double in the past three months.

Musk tweeted he had"funding secured" to take the company private in August 2018, when its shares were trading in the mid-US$330s, only to later give up under investor pressure and regulatory concerns.

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