The success of the Tesla Model 3 and a huge order from Hertz have taken Tesla’s stock market value to the top: it has reached a value of a trillion dollars on Nasdaq, and has caught up with giants like Microsoft and Apple , ahead of Facebook (but only in market value).

The shares have reached over $ 1,000 before the close of the market, reaching their all-time high.

It has also had the best quarter in its history

It is such a beast figure that we would have to put together the market value of the 10 largest car manufacturers in the world to arrive at it.

Marketcap

Only behind Tesla is Toyota , with a value of 240,000 million dollars, followed by Volkswagen (149,000 million), BYD (143,000) or Daimler (103,000).

Thanks to the good results of the third quarter , with a revenue increase of 57% compared to the previous quarter and a profit margin of 12% (compared to 3.4% in the same period in 2020), Tesla has joined called ‘ Trillion Dollar Club ‘ .

The oil company Saudi Aramco, Microsoft, Amazon, Apple and Petro China belong to this select club, the latter member since 2007.

Nasdaq

Tesla’s stock market value has risen 143% in one year, buoyed by the thirst for electric cars and the good prospects of investors around this Californian company and electric mobility.

In this scenario, it has made an operating profit of $ 2 billion amid supply problems, especially microchips. The Fremont factory in California was a key location, producing more than 430,000 vehicles in the last year.

The icing on the cake has been the long-standing car rental company, Hertz, which announced a few hours ago the purchase of 100,000 Model 3s to electrify its fleet.

A purchase that headlines such as Reuters estimate at about $ 4.4 billion, and that has also made Hertz take off, which has managed to rise from its ashes.

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