Tesla market value crosses $800 billion for the first time

By: |
January 8, 2021 8:41 PM

Tesla shares: 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.

Tesla market value crosses $800 billion for the first time Elon MuskTesla shares, which surged more than eight times last year, had closed up nearly 8% on Thursday. ((Reuters/File Photo - CEO of Tesla Motors Elon Musk poses during a television interview after his company's initial public offering at the NASDAQ market in New York, June 29, 2010.)

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.

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.

Elon Musk rides Tesla’s 23,900% gain to title of world’s richest person 

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

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Franklin Templeton: Supreme Court to decide on disbursal procedure of funds on February 1
2Asian Paints rating – Buy: Results beat estimates by a wide margin
3Surge in spot liquefied natural gas (LNG) prices to curb demand, lower import