On September 1st, according to foreign media reports, on Monday local time, Tesla overtook American payment technology company Visa to become the seventh-ranked American company by market value .
After the market closed last Friday, Tesla officially split its shares at a ratio of 1:5, and the shares after the split began trading this Monday. After the stock split, the company’s stock price continued to rise on Monday local time.
As of the close of US stocks on Monday, local time, Tesla’s stock price rose 12.57% to close at $498.32, which pushed the company’s market value to $464.339 billion, surpassing Visa (market value of $411.765 billion).
Tesla’s share price rose on Monday local time, not only making the company the seventh-ranked American company by market value, but also making the company’s CEO Elon Musk worth more than Facebook co-founder Mark Zuckerberg (Mark Zuckerberg), became the third richest person in the world, second only to Amazon CEO Jeff Bezos (Jeff Bezos) and Microsoft co-founder Bill Gates (Bill Gates).
In the past three months, Tesla’s stock price has risen by nearly 200%, and has risen by about 500% this year. In contrast, the S&P 500 index has risen 15% in the past three months and has risen 8% this year.
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