{"id":445668,"date":"2021-10-27T11:46:31","date_gmt":"2021-10-27T06:16:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445668"},"modified":"2021-10-27T12:46:21","modified_gmt":"2021-10-27T07:16:21","slug":"tesla-zooms-past-1-trillion-market-cap-on-bet-that-the-ev-future-is-now","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-zooms-past-1-trillion-market-cap-on-bet-that-the-ev-future-is-now\/","title":{"rendered":"Tesla zooms past $1 trillion market cap on bet that the EV future is now"},"content":{"rendered":"<p>Tesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader\u2019s ambitions to top the entire auto industry in sales over the next decade.<\/p>\n<p>Tesla shares surged as much as 14.9% to $1,045.02, making it the world\u2019s most valuable automaker according to Reuters calculations based on its latest filing.<\/p>\n<p>Even Tesla Chief Executive Elon Musk expressed surprise at the velocity of the surge. \u201cStrange that moved valuation, as Tesla is very much a production ramp problem, not a demand problem,\u201d Musk tweeted in reply to a comment by Ross Gerber, co-founder of the investment fund Gerber Kawasaki and a Tesla shareholder.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader\u2019s ambitions to top the entire auto industry in sales over the next decade. Tesla shares surged as much as 14.9% to $1,045.02, making it the world\u2019s most valuable automaker according to Reuters calculations based on its latest filing. Even Tesla Chief Executive Elon Musk expressed surprise at the velocity of the surge. \u201cStrange that moved valuation, as Tesla is very much a production ramp problem, not a demand problem,\u201d Musk tweeted in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-445668","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445668","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=445668"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445668\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}