Tesla market value crosses $800 billion for the first time
In the previous session, its market value crossed $774 billion, making Tesla Wall Street's fifth most valuable company
The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. Photo: REUTERS/Tyrone Siu
Shares of Tesla Inc jumped 4.9% on Friday, taking the electric-car maker's market capitalization to more than $800 billion for the first time ever.
In the previous session, its market value crossed $774 billion, making Tesla Wall Street's fifth most valuable company, just behind Google-parent Alphabet Inc and ahead of social media giant Facebook Inc.
Its shares, which surged more than eight times last year, had closed up nearly 8% on Thursday.
