Tesla market value crosses $800 billion for the first time

Tesla market value crosses $800 billion for the first time
  • Clock-gray 21:20
  • calendar-gray 08 January 2021

Shares of Tesla Inc jumped 4.9% on Friday, taking the electric-car maker’s market capitalization to more than $800 billion for the first time ever, APA reports citing Reuters.

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% on Thursday.

apa-logo-mini

Other news