On Friday, Tesla hit yet another all-time high, reaching $598.78 per share, before closing at $585 per share, resulting in a market cap of $555 billion.
Tesla’s recent surge has resulted in the company surpassing investment mogul Warren Buffet’s Berkshire Hathaway, which has a market cap of $542 billion. Tesla’s rally has made it become the sixth-largest company in the United States, according to Marketwatch.
With Tesla set to join the S&P 500 in December, shares have surged ahead of the inclusion. In 2020, shares of Tesla have gained an astonishing 600%, and there appears to be no end in sight just yet for how high the company can go. Some analysts have pegged a bull case for Tesla means it could reach $1,000 per share.
Other articles in the category: Tesla
Tesla Officially Kills $8,000 FSD One-Time Purchase in U.S.
After more than nine years of offering Full Self-Driving (FSD) as a one-time software purchase, Tesla has officially pulled the plug on the upfront option in North America. As expected, the previous $8,000 one-time FSD purchase — available either when ordering a vehicle or after delivery — is no longer available in the U.S. Going […]
Tesla Replaces Coal: $330M Battery Goes Live in Australia
A new grid-scale battery powered by Tesla Megapacks is now officially online in Queensland, Australia, marking another major milestone for the company’s fast-growing energy storage business. As first reported by Energy-Storage.News, publicly owned energy company CleanCo Queensland has opened the Swanbank Battery Energy Storage System (BESS), a 250 MW/500 MWh facility located at the former […]
Tesla Launches $450 Mezcal: 50 Lucky Buyers Get Signed Boxes
Tesla is back in the spirits game — this time with a design-forward twist. The company has quietly launched a new Tesla Mezcal | Design Studio Edition in the U.S., priced at $450. The limited-run bottle leans heavily into Tesla’s design ethos, complete with a specially crafted box sleeve that features early sketches of the […]
