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Is Tesla worth $1 trillion?

The debate over Tesla’s valuation rages on. Tesla is worth more than virtually every other major carmaker in the world combined. Analysts are squarely of two minds about its current level. In the bull camp: Daniel Ives of Wedbush Securities, who tweeted yesterday, “Tesla hitting $1 trillion is just for starters.”

Does Tesla have a $1 trillion market cap?

It finally happened: Tesla yesterday attained a $1 trillion market cap — a rarefied level previously reached only by Apple, Microsoft, Amazon and Alphabet — thanks to a roughly $4 billion deal to sell 100,000 vehicles to the rental car company Hertz. But it’s worth remembering how Elon Musk’s company differs from the rest of that group:

Is Tesla the world's most valuable carmaker?

Shares in the electric carmaker climbed 12.6% after it struck a deal to sell 100,000 vehicles to the car rental firm Hertz. Tesla has been the world's most valuable carmaker for some time, but brands like Ford and GM make more cars. Previously only Apple, Microsoft, Amazon and Google-owner Alphabet have reached a $1tn valuation.

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