Tesla overtakes Toyota as world's top automaker by market value

Tesla Inc. overtook Toyota Motor Corp. to become the world's top automaker by market capitalization, financial data provided by FactSet Research Systems Inc. showed Wednesday.The U.S. electric vehicle maker's market value reached $207.7 billion, surpassing Toyota's 21.72 trillion yen ($202), based on their closing stock prices Wednesday.Tesla's share price soared nearly fivefold over the past year, drawing investments amid growing expectations for its eco-friendly next-generation technologies.Its stock price started trending higher following the introduction of the Model 3 electric sedan, m…READ FULL ARTICLE