Ford is currently valued at about $45.1 billion. Tesla is now worth $47.8 billion, reports Bloomberg. Last year, Tesla delivered less than 80,000 cars. Ford, America’s second largest automaker, sold 6.7 million vehicles.

Tesla’s stock was up over five percent after reporting it has delivered 25,000 vehicles (nearly half of which were the Model X) in the first quarter of 2017. Investors take it as a sign that Tesla can back up its goals for growth ahead of the launch of the Model 3. Tencent’s investment in the electric car startup helped boost its price, too. Of course, Tesla CEO Elon Musk took to Twitter to poke a little fun at those who paint a dark picture Tesla’s future.