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Tesla speeds past Toyota to become world's top automaker by value

Electric-car company's valuation grows fivefold in past year

PALO ALTO, U.S. -- Tesla's market capitalization reached $210 billion on Wednesday, driving the electric-car specialist past Toyota Motor to become the world's most valuable automaker.

Growing interest in environmentally conscious investing has helped Tesla's valuation swell nearly fivefold over the past year. Its shares touched an all-time high of $1,135.33 on Wednesday.

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