{"id":445292,"date":"2021-10-26T10:56:46","date_gmt":"2021-10-26T05:26:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445292"},"modified":"2021-10-26T11:13:17","modified_gmt":"2021-10-26T05:43:17","slug":"teslas-market-cap-touches-1tn-as-evs-go-mainstream","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/teslas-market-cap-touches-1tn-as-evs-go-mainstream\/","title":{"rendered":"Tesla&#8217;s market cap touches $1tn as EVs go mainstream"},"content":{"rendered":"<p>NEW DELHI: Tesla joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the Elon Musk-led carmaker whose shares have been on a tear amid a global shift to electric vehicles.<br \/>\nThe maker of the Model 3 sedan &#8211; the top-selling electric car worldwide &#8211; is now the second-fastest company ever to reach this mark, taking just over 11 years since its listing in June 2010. Facebook did it faster, although its market capitalisation is now below $1 trillion as the stock has sold off over the past two months. The other US-listed members of the trillion-dollar club include Apple, Microsoft, Alphabet and Amazon.<br \/>\nThe stock jumped about 10% on Monday, the biggest intraday move since March. It touched a record high of $999, which took its market capitalisation above $1 trillion, based on about a billion shares outstanding as of October 21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Tesla joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the Elon Musk-led carmaker whose shares have been on a tear amid a global shift to electric vehicles. The maker of the Model 3 sedan &#8211; the top-selling electric car worldwide &#8211; is now the second-fastest company ever to reach this mark, taking just over 11 years since its listing in June 2010. Facebook did it faster, although its market capitalisation is now below $1 trillion as the stock has sold off over the past two months. [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-445292","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=445292"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445292\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}