Community Corner
Tesla Now Worth More Than Toyota, Disney And Coca-Cola
Shares of Tesla were up 4% in midday trading Wednesday to a new record high.
FREMONT (CBS SF / CNN) — Elon Musk’s Bay Area-based electric car business exceeds the value of almost every company in the S&P 500, including some iconic American companies.
Shares of Tesla were up 4% in midday trading Wednesday to a new record high of above $1,120 a share. At that price, Tesla’s market cap is nearly $210 billion.
Find out what's happening in Fremontfor free with the latest updates from Patch.
Read more at CBS San Francisco: https://sanfrancisco.cbslocal.com/2020/07/01/tesla-valuation-higher-than-toyota-disney-coca-cola/#:~:text=FREMONT%20(CBS%20SF%20%2F%20CNN),including%20some%20iconic%20American%20companies.