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Read The Full Article On: Finance

With automation and technological breakthrough emerging rapidly, the fast pickup in autonomous vehicles is in the cards. Elon Musk’s Tesla TSLA’s solid growth momentum and amazing one-year stock performance supports the fact.

Electric vehicle maker Tesla’s shares have surged 39.9% in the past year, breezing past the S&P 500’s 25.7% (as of Jan 7, 2019). It clearly performed better than other car makers as Ford F was up 10.5%, Honda Motors HMC and General Motors GM were almost flat and Toyota Motor TM gained 15.7%.

Read The Full Article On: Finance

With automation and technological breakthrough emerging rapidly, the fast pickup in autonomous vehicles is in the cards. Elon Musk’s Tesla TSLA’s solid growth momentum and amazing one-year stock performance supports the fact.

Electric vehicle maker Tesla’s shares have surged 39.9% in the past year, breezing past the S&P 500’s 25.7% (as of Jan 7, 2019). It clearly performed better than other car makers as Ford F was up 10.5%, Honda Motors HMC and General Motors GM were almost flat and Toyota Motor TM gained 15.7%.

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