Tesla Inc. (NASDAQ: TSLA) climbed over Toyota Motor Corp. Corp. (NYSE: TM) as the world’s most valuable transportation company on Wednesday, July 1 as pre-orders for its angular Cybertruck exceeded the past two years’ deliveries of its electric vehicles.
Wedbush Securities reported 650,000 Cybertruck orders as of June 22, surpassing the 612,120 deliveries of Tesla’s Model S, X and 3 in 2018 and 2019, according to the weekly financial digest Finbold.
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