Tesla moved into the No. 7 spot for most valuable US companies by market cap - Business Insider

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Tesla moved into the No. 7 spot for most valuable US companies by market cap

Tesla passed Visa on Monday to become the seventh-largest US company in terms of market capitalization.

Tesla shares increased 12.6% on Monday following a stock split, ending the trading session with a valuation of $464.3 billion. CEO Elon Musk has tripled his personal wealth as Tesla's stock increases, which led to him surpassing Mark Zuckerberg to become the third-richest person in the world.Tesla just hit a new milestone. The electric-car company passed Visa on Monday en route to becoming the seventh-most-valuable US company in terms of market capitalization.

Tesla shares increased 12.6% on Monday, ending the trading session with a valuation of $464.3 billion, overtaking Visa, which closed at a valuation of $451.1 billion,

 

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