Tesla Electrifies the Automotive World with an $86.89 Billion Leap

Tesla just took the automotive world by storm with a record-breaking feat. On that fateful day, January 10, 2020, the automobile manufacturer smashed through the financial barriers like a high-speed electric rocket, soaring to an astronomical valuation of over $86.89 billion! The stock price closed at $691.79 on that day, up 13.5% from the previous day.

This achievement cemented the car maker’s name in the annals of automotive history. Its valuation surpassed the previous record of $85.1 billion, set by Toyota in 2017. The market capitalization reached $86.89 billion, making Tesla the most valuable automaker in the world.

Next: A new model and record-breaking valuation!