Tesla’s stock price hit an all-time high today, reaching $1,087.69 USD per share and currently trading up 6.58% on the day.
The company’s market cap surpassed $201 billion at its high today, surpassing oil giant Exxon Mobil, with the latter currently dealing with one of the biggest crude oil crashes in history. Exxon’s market cap is currently at $186 billion, while Tesla currently is at $198.9 billion.
Tesla only trails Toyota when it comes to the largest car manufacturers in the world, based on market cap.
According to Barron’s, Tesla needs earnings of $1.41 per share or higher in Q2 to qualify into the S&P 500, which requires companies to have positive generally accepted accounting principles (GAAP) earnings. If Tesla were part of the S&P today, the company would part of the top 30 companies in the stock index.
Tesla is continuing to blur the line between car and AI assistant. With its latest Holiday Update, the company has rolled out a new beta feature that lets Grok configure, edit, and manage your Tesla’s navigation using natural language commands. Starting with software version 2025.44.25.1, drivers can now simply talk to Grok and have their […]
Tesla has officially crossed another major milestone on the road to autonomous driving. Over the weekend, multiple Tesla Model Y vehicles were spotted driving themselves on public roads in Austin, Texas, with no one in the front seats and no safety driver on board. According to Tesla and Elon Musk, these were public tests of […]
Tesla has quietly rolled out a new High Voltage Battery and Drive Unit Extended Service Agreement (ESA) for Model 3 and Model Y owners in the U.S. and Canada, offering additional peace of mind once the vehicle’s original battery warranty expires. Priced at $2,000 USD (or $2,800 CAD), the new Battery ESA extends coverage for […]
