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Tesla joins trillion-dollar club alongside Apple, Amazon and Microsoft

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3 years ago

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Elon Musk during SNL appearance

Tesla’s market valuation has hit $1 trillion dollars on Monday

Tesla has hit $1 trillion dollar market cap for the first time after Hertz said Monday it would buy 100,000 electric vehicles

This comes 11 years after it became a publicly traded company.

Tesla is now placed in a similar group to Google, Apple, Amazon and Facebook, all of which have market values that surpass one trillion dollars.

This marks the first time since the company’s share prices reached 1,000 dollars per share.

Tesla joins trillion-dollar club alongside companies like Apple, Amazon and Microsoft.

This comes as Tesla withdrawals its latest “full self-driving” car software update after drivers complained of problems.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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