The following editorial was published in the Chicago Tribune on May 22:
Tesla, the electric vehicle startup, did something remarkable last month: It surpassed Ford and GM to become the country’s most valuable car company based on market capitalization.
Want to acquire Tesla? It would cost a cool $50 billion. GM’s worth a tad less. Ford’s value is about $45 billion.
Monday, not coincidentally, Ford ousted its CEO, frustrated with the company’s mediocre progress at reinvention in the high-tech era.
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