Tesla’s stock jumped to a new record high on Wednesday, giving the electric vehicle maker a valuation of more than $208 billion, which means that it is now the most valuable car company on the planet. Tesla’s stock has surged 17% this week alone, on Monday closing above $1,000 per share for the first time ever and on Wednesday hitting a new record high price of $1,135 per share. With its latest stock rally, that means Tesla is now the most valuable car company in the world, valued at around $208 billion. With that market cap, Tesla has now officially surpassed Toyota—its main rival for that title, which is valued at ... (full story)