Tesla market value crosses $800 billion for the first time

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.

Reuters

January 08, 2021 / 20:45 IST

Reuters

Shares of Tesla Inc jumped 4.9 percent on Friday, taking the electric-car maker's market capitalization to 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.

Reuters

first published: Jan 8, 2021 08:40 pm

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