Tesla has become the most valuable car manufacturer in the history of the United States after the company’s market value exceeded $81.390 million on Monday, breaking the Ford record set in 1999, The Wall Street Journal reported.

After-sales on January 8, the value of Tesla shares in the Nasdaq stock market increased almost 5% (17.6% since the beginning of the year), as a result of which its capitalization rose even more and came to 88.7 billion dollars, while GM’s value was approximately 50 billion. Ford’s value is 37.00 million, Reuters reports.

Thus, the capitalization of Tesla for the first time exceeded the value of the two largest car manufacturers in the United States, Ford and General Motors combined.

Since the beginning of the year, the value of Tesla’s shares has grown by 5% in the middle of the opening of its factory in Shanghai and a successful quarter.

At the same time, the company is still far from first place in the world in market capitalization among car manufacturers. Toyota has a market value of approximately 230,000 million dollars and Apple has the status of the “most expensive” company in the United States with a capitalization of 1.3 billion dollars.

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