Earlier on Monday morning, shares of Tesla opened to new all-time highs, and eventually the company’s market cap touched $1 trillion for the first time ever, when shares reached a historic $998.74.
Tesla joined Apple, Microsoft, Saudi Aramco, Alphabet and Amazon as the only companies to reach a $1 trillion market share.
Breaking: Tesla is now a $1 trillion company.$TSLA Stock Price
2016: $40
2021: $998 (+2,395%)Don't bet against innovation.
— Joe Pompliano (@JoePompliano) October 25, 2021
Update: $1 trillion market cap secured @elonmusk 🥳 https://t.co/UJmydnk3dt
— TeslaNorth.com (@RealTeslaNorth) October 25, 2021
As of writing, Tesla shares are trading at $994, up 9.3% for the day. Tesla saw some positive news on Monday, as Hertz announced it would be ordering 100,000 of the company’s electric vehicles for its rental fleet.
Want to see more of our stories on Google?
P.S. — Buying a new Tesla? Click here to save $1,000 USD, while supporting independent news.
Help support us by shopping on Amazon here.
Links in this post are affiliate links, so we earn a tiny commission at no charge to you. Thanks for supporting independent media!
