Shares of Tesla Inc were up 4.9% on Friday, bringing the electric car maker’s market cap to over $ 800 billion for the first time.
In the previous session, its market value exceeded $ 774 billion, making Tesla Wall Street the fifth most valuable company, just behind Google’s parent company Alphabet Inc and ahead of the social media giant. Facebook Inc.
Its shares, which rose more than eightfold last year, closed nearly 8% on Thursday.
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- Tesla’s market value exceeds $ 800 billion for the first time