(Corrects first two paragraphs and headline to show Tesla did
not surpass GM as most valuable company, but still trails)
April 4 Tesla Inc, whose market
capitalization passed that of Ford Motor Co on Monday,
still trailed General Motors Co as the most valuable U.S.
auto firm in mid-day trade on Tuesday.
Tesla traded at $301.74 at mid-day and had a market
capitalization of $49.1 billion, according to Thomson Reuters
data, compared with $51.1 billion for GM.
Tesla on Monday said it delivered a record 25,000 electric
vehicles in the first quarter. It plans to begin production this
summer of the mass-market Model 3 sedan.
(Reporting by Paul Lienert in Detroit; Editing by Chizu