Exxon overtakes tesla in market value amid EVs
Edited By WION Video Desk
Published: Apr 22, 2024, 05:50 IST | Updated: Apr 22, 2024, 05:50 IST
Exxonmobile has surpassed Tesla in market capitalisation for the first time in over a year. This comes after a dramatic 41% drop in Tesla's stock price, fueled by concerns about slowing electric vehicle sales and consumer reluctance to fully abandon gas-powered cars.
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