Tesla Briefly Hits $1 Trillion In Market Value On Wall Street
Near 1700 GMT, shares of Tesla were up almost nine percent at $990.95, giving it a market capitalization of just under $1 trillion after earlier topping that level. Avaneesh Parasar
Oct 26, 2021
Tesla shares surged Monday, briefly lifting the electric car company’s market value above $1 trillion, as investors shrugged off criticism from a US safety official of the fast-growing organization.
Near 1700 GMT, shares of Tesla were up almost nine percent at $990.95, giving it a market capitalization of just under $1 trillion after earlier topping that level
The landmark came as Elon Musk’s company made multiple headlines, after Hertz announced a deal to purchase Tesla cars, while the head of the National Transportation Safety Board slammed the firm for not implementing safety recommendations.
Source: https://www.ndtv.com/world-news/tesla-briefly-hits-1-trillion-in-market-value-on-wall-street-2587698
