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Elon Musk's Tesla becomes 6th largest US company

Tesla has gained $168 billion in market cap since S&P Dow Jones Indices announced Nov. 16 that the automaker would be added to the benchmark S&P 500 on Dec. 21, according to data from the Dow Jones Market Group. The recent gains appear to be the icing on the cake in what is shaping up to be a banner year for Tesla shares, which have gained 600% this year through Friday. The company’s market cap is now larger than auto icons Toyota Motor Corp., Ford Motor Co. and General Motors Co. combined.

News source ~ Fox Business