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    Riding Hopes For Model 3, Tesla Overtakes Ford In Market Value

    The Silicon Valley fledgling and the Detroit titan aren't exactly an even match in size and output — yet this week investors pushed Tesla past Ford, even if only for the moment.
    by Colin Dwyer Apr 04, 2017 2 minutes
    Emirati men check a Tesla vehicle during a ceremony in Dubai in February. The electric -vehicle maker recently announced the opening of a new Gulf headquarters in the United Arab Emirates.

    Updated at 1:35 p.m. ET

    In some respects, the current competition between Ford and the electric-vehicle company Tesla is no competition at all.

    Bloomberg lays out some of the stark facts:

    • In the past five years, Ford has reported net income of about $26 billion. Tesla lost $2.3 billion.

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