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    8 Tesla hits a $500 billion market cap

    Jan 06, 2021 4 minutes
    Taha Sherif

    Tesla may be a newbie in the auto industry, but it quickly became a big shot on Wall Street. The electric car manufacturer’s stock continued to rise by more than 4% on Tuesday, and its total market value outstriped $500 billion for the first time. Tesla’s market value rose to more than $520 billion on Tuesday afternoon.Tesla’s history and growth.

    Tesla Motors was founded in 2003 by American entrepreneurs Martin eberhard - Tesla’s Chief executive Officer (CeO) and Marc Tarpenning - Chief Financial Officer (CFO) and named after the Serbian American inventor Nikola Tesla. It was principally established to develop electric sports cars. The company’s funding comes from multiple sources, the most

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