Tesla's stock market value tops Facebook's in huge trading | Malay Mail

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NEW YORK, Jan 8 ― Shares of Tesla surged to a record high in heavy trading yesterday, with the electric car maker's stock market value exceeding Facebook's for the first time. Shares in the company led by Elon Musk jumped nearly 8 per cent to end the session at US$816 (RM3,296), putting its...

Tesla shares jumped nearly 8 per cent to end the session at US$816 , putting its market capitalisation at US$774 billion and making it Wall Street's fifth-most-valuable company. — Reuters pic

Facebook's stock market value was US$765 billion after its shares rose about 2 per cent, according to Refinitiv data. Musk surpassed Amazon's Jeff Bezos to become the world's richest person, Bloomberg News reported yesterday.

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