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Universal Times Magazine > Blog > Automobile > Tesla market value crosses $800 billion
Automobile

Tesla market value crosses $800 billion

Gaurav Verma
Last updated: 2021/01/09 at 11:57 AM
Gaurav Verma
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The electric-car maker company Tesla crossed the market capitalization of more than $800 billion for the first time ever.

In the previous session, its market value crossed $774 billion, making Tesla Wall Street’s fifth most valuable company, just behind Google-parent Alphabet Inc and ahead of social media giant Facebook Inc.

Its shares, which surged more than eight times last year, had closed up nearly 8 percent on Thursday.

Tesla CEO Elon Musk also surpassed Amazon’s top boss Jeff Bezos to become the world’s richest person, Bloomberg News reported on Thursday.

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Gaurav Verma January 9, 2021 January 9, 2021
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