Opinion | Tesla Is Worth $1 Trillion

Elon Musk struck gold again Monday when Tesla Inc., the electric-car maker he founded and runs as CEO, reached a stock market capitalization of $1.03 trillion. That’s a staggering business achievement, even discounting for today’s monetary-policy induced surge in asset prices.

Tesla’s 12.7% Monday price leap was triggered by news that Hertz will buy 100,000 Tesla Model 3 cars for its rental fleet. Tesla only produced about half a million cars in all of 2020. The Model 3 sells for about $40,000. The Hertz purchase will broaden public awareness of Tesla’s vehicles, enhancing its chances to become a mass-market brand rather than a virtue-signaling indulgence of the affluent.

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opinion Richard Branson is a corporate welfare lush also. Everytime we see him he has his hand out looking for rail, space, obama-phone or airline subsidies. Poor mans billionaire you know.

opinion Just ask any of the banks too big to fail that received bail-outs in the 2008-2009 TARP program/s. Or all the farmers including millionaire ChuckGrassley accepting USDA agriculture subsidies. Google it.

opinion To treat the same thing equal. If EV makers shall get subsidies than every EV maker shall get them. Not just the laggers / less successful ones.

opinion Stop all government handouts to business.

opinion To save money......and to save tax.....goverment can take and force to common people for tax.....and the rich guies knows the loop holes.....bcz goverment r with them.....in every country ....is the same shit

opinion Why would GM, Ford, Toyota, Nissan, Honda or any car makers need subsidies? Why would cap size matter?

opinion All these subsidies should have sunset clauses and reviews.

opinion You feelin okay, WSJ?

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Tesla breaches $1 trillion market capTesla Inc on Monday breached a trillion dollars in market capitalization, the fifth U.S. company to join the club, which includes Apple , Microsoft , Amazon and Alphabet .
Source: Reuters - 🏆 2. / 97 Read more »

Stocks Close At Record Highs After Tesla Hits $1 Trillion In Market ValueInvestors are looking ahead to major tech earnings this week, hoping they can further boost stocks.
Source: Forbes - 🏆 394. / 53 Read more »

Tesla Surpasses $1 Trillion in Market Value as Hertz Orders 100,000 VehiclesHertz’s major bulk purchase could help Tesla get more of its cars into the hands of mainstream consumers. Tesla shares surged on the news. thanks 15 Highest paid world leaders and presidents in 2021 Annual salary age Renting an electric car seems very inconvenient.
Source: WSJ - 🏆 98. / 63 Read more »

Tesla zooms past $1 trillion market cap on bet that the EV future is nowTesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade. this is terrible news I’m renting one for sure!!! We should invest in bio fuel cars as well.
Source: Reuters - 🏆 2. / 97 Read more »

Tesla Eclipses $1 Trillion In Market Value After Hertz Places Biggest Electric Vehicle Order EverTesla's stock surge has made the car company more valuable than social media giant Facebook. Isn't Hertz in bankruptcy? wow LOL. Elon must resort to fleet sales because business ain't that great as anticipated. The only thing really selling is the model Y.
Source: Forbes - 🏆 394. / 53 Read more »

Tesla's $1 trillion value a double bonanza for MuskThe surge in Tesla Inc's stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker's largest shareholder.
Source: Reuters - 🏆 2. / 97 Read more »