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 continues to extend its efficiency lead in China. The Model 3 and Model Y once again ranked as the two most efficient vehicles in a new real-world energy consumption test conducted by Chinese automotive publication Autohome, which placed dozens of EVs under identical, controlled conditions to evaluate their true high-speed consumption (via Sina News). Autohome […]
Tesla has quietly pulled in another major AI hire — this time straight out of Apple’s ranks. In social media posts over the weekend, former Apple engineer Yilun Chen announced he has officially joined Tesla’s Optimus AI team, capping off nearly four years at the Cupertino giant working across hardware, engineering, research, and early-stage product […]
A Tesla Cybertruck owner is turning heads across the EV community after sharing proof that his truck drove more than 1,200 miles entirely on its own using Full Self-Driving (Supervised). The owner, who goes by @brunitatoiu on X, posted screenshots from Tesla’s new Self-Driving Stats interface — introduced with FSD v14.2 — showing 1,285.8 out […]
