News Formal

Tesla crosses US$100b stock market valuation in first for a US carmaker

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

BENGALURU (REUTERS) - Tesla became the first US$100 billion (S$135 billion) publicly listed US carmaker in extended trading on Tuesday (Jan 22), in a sign of Wall Street's confidence in an all-electric future.. Read more at straitstimes.com.

BENGALURU - Tesla became the first US$100 billion publicly listed US carmaker in extended trading on Tuesday , in a sign of Wall Street's confidence in an all-electric future.

Musk tweeted he had"funding secured" to take Tesla private in August 2018, when its shares were trading in the mid-US$330s, only to later give up under investor pressure and regulatory concerns. Tesla's market value also puts Musk a step closer to earning the first US$346 million tranche of options in a record-breaking pay package.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla crosses US$100 billion stock market valuation in extended tradingTesla Inc became the first US$100 billion (77 billion pounds) publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla crosses US$100 billion stock market valuation in extended tradingTesla Inc became the first US$100 billion (77 billion pounds) publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

European stocks retreat as investors cash in on rallyLONDON: European stock markets mostly retreated on Monday (Jan 20) as investors booked profits after last week's rally awaiting some key US ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »