Electric vehicle manufacturer Tesla crossed the $1-trillion market capitalisation on Monday, placing it in an elite club of companies including Microsoft, Alphabet (Google’s parent), Apple, Amazon, and Facebook. With the jump in market value, Elon...
After reaching the milestone, Musk tweeted, “Wild $T1mes!.” Tesla, which listed in June 2010, took a little over 11 years to cross the milestone — the second-fastest after Facebook.
Electric vehicle manufacturer Tesla crossed the $1-trillion market capitalisation on Monday, placing it in an elite club of companies including Microsoft, Alphabet (Google’s parent), Apple, Amazon, and Facebook. With the jump in market value, Elon Musk, Tesla’s CEO and the largest shareholder, extended his lead over Amazon’s Jeff Bezos as the world’s richest man. After reaching the milestone, Musk tweeted, “Wild $T1mes!.” Tesla, which listed in June 2010, took a little over 11 years to cross the milestone — the second-fastest after Facebook.
Tesla is the first automobile company to join the $1-trillion market-cap club. Currently, the company’s market-cap is more than the total of the next eight automobile majors, including Toyota, Volkswagen, BYD, Daimler and General Motors
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