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.
