Bulletins

Tesla is now a $1 trillion company

The company's share price soared to $1,024 by the end of Monday's trading.

Tesla factory

Tesla briefly became worth $1 trillion today.

Photo: David Butow/Corbis via Getty Images

Tesla became a $1 trillion company Monday when its share price soared above $1000, ending at $1,024 when the market closed Monday.

Tesla's stock price on Yahoo FinanceYahoo Finance

Apple, Microsoft, Alphabet and Amazon are the only companies to have remained worth more than $1 trillion as publicly listed U.S. companies. Facebook slipped below the market cap mark earlier this year. Just today, rental car company Hertz announced that it had ordered 100,000 Teslas in the largest order ever for the electric vehicle company.

Anna Kramer

Anna Kramer is a reporter at Protocol (Twitter: @ anna_c_kramer, email: akramer@protocol.com), where she writes about labor and workplace issues. Prior to joining the team, she covered tech and small business for the San Francisco Chronicle and privacy for Bloomberg Law. She is a recent graduate of Brown University, where she studied International Relations and Arabic and wrote her senior thesis about surveillance tools and technological development in the Middle East.

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