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Tesla’s rise made 2020 the year the U.S. auto industry faced a future that’s electric

DETROIT — Tesla and Wall Street made 2020 the year that the U.S. auto industry decided to go electric. Tesla’s market capitalization surged above $600 billion, making the once wobbly startup currently led by billionaire Elon Musk worth more than the five top-selling global automakers combined.

Source: https://www.autoblog.com/2020/12/26/tesla-us-automakers-electric-future/
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