Tesla zooms past $1 trillion market cap on bet that the EV future is now

Investors and analysts, for now, are looking past the near-term challenges. Morgan Stanley boosted its Tesla price target by 33% to $1,200 as the brokerage expects the electric carmaker to surpass 8 million deliveries in 2030.

"We absolutely believe that this is going to be competitive advantage for us," interim Hertz CEO Mark Fields said of the Tesla order, due to be delivered by the end of 2022. Tesla's cheapest Model 3 sedan starts at about $44,000, making this order worth about $4.4 billion, if the entire order were for its mass-market sedan.

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wow

Crazy

We should invest in bio fuel cars as well.

I’m renting one for sure!!!

this is terrible news

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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.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

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 .
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

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.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »