Tesla market value crosses $800 billion for the first time

By: |
January 08, 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.

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