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Elon Musk-Run Tesla Hits USD 1 Trillion Market Cap

Tesla's market value hit USD 1 trillion as shares surged over 10%, closing with an 8% gain.

Elon Musk-Run Tesla Hits USD 1 Trillion Market Cap

Elon Musk-run Tesla has reached a new milestone, with its market value now standing at USD 1 trillion. DogeDesigner (@cb_doge) shared a post on November 8, 2024. The post mentioned, "The probability of Tesla dying in 2008 was very high. It almost went bankrupt. Tesla & Ford are the only American carmakers not to have gone bankrupt out of 1000’s of car startups." As per a report of Forbes, Tesla's shares saw a significant increase of more than 10%, reaching almost USD 330 during afternoon trading on November 8, 2024. By the end of the day, the trading closed with a strong gain of 8 per cent at USD 321. Ola Electric Net Losses Surge 43% to INR 495 Crore in Q2 FY25, Revenues Down 26.1% to INR 1,214 Crore.

Tesla Is Now Worth USD 1 Trillion

(The above story first appeared on LatestLY on Nov 09, 2024 01:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).