Tesla Stock Surpasses $300 For First Time Ever, Market Cap Jumps Past General Motors
Tesla stock just eclipsed the $300 mark for the first time ever. The automaker’s market cap now exceeds $52 billion.
It was less than one week ago when we reported that Tesla surpassed Ford in value (based on market capitalization), but not Ford is so far in the rearview with Tesla valued at $52.08 billion and Ford falling to $45.07 billion.
*UPDATE: Tesla market cap now exceeds General Motors. Tesla is at $52.08 billion, while GM currently sits at $51.23 billion. Tesla is now the highest valued U.S. automaker! Look out Honda, you’re next at $53.08 billion.
But the bigger news is that briefly this AM, Tesla stock broke past the $300 mark for the first time ever. A high of $300.93 was hit around 9:30 AM Eastern Daylight Time. And then again right now as we’re pushing this post live.
*Track the stock value in real-time here