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		<title>There was triple record on Wall Street: Tesla surpassed Facebook in capitalization</title>
		<link>https://bitfinance.news/en/there-was-triple-record-on-wall-street-tesla-surpassed-facebook-in-capitalization/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Fri, 08 Jan 2021 17:30:05 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
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		<category><![CDATA[elon musk]]></category>
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		<category><![CDATA[Joe Biden]]></category>
		<category><![CDATA[tesla]]></category>
		<category><![CDATA[triple record on wall street]]></category>
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		<guid isPermaLink="false">https://bitfinance.news/?p=57157</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1199" height="829" src="https://bitfinance.news/wp-content/uploads/2021/01/Tesla.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Hubo triple récord en Wall Street: Tesla superó a Facebook en capitalización" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2021/01/Tesla.jpg 1199w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-300x207.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-1024x708.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-768x531.jpg 768w" sizes="(max-width: 1199px) 100vw, 1199px" /></div><p>Tesla shares closed the session with an advance of 7.94%, to 816.99 dollars, placing the capitalization of the company at about 773,000 million dollars, compared to slightly more than 765,000 million of Facebook, which gained a 2.06%. Only Apple, Microsoft, Amazon and Google now exceed the market value of Tesla, which appreciated more than 700% [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/there-was-triple-record-on-wall-street-tesla-surpassed-facebook-in-capitalization/">There was triple record on Wall Street: Tesla surpassed Facebook in capitalization</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1199" height="829" src="https://bitfinance.news/wp-content/uploads/2021/01/Tesla.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Hubo triple récord en Wall Street: Tesla superó a Facebook en capitalización" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/01/Tesla.jpg 1199w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-300x207.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-1024x708.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/01/Tesla-768x531.jpg 768w" sizes="(max-width: 1199px) 100vw, 1199px" /></div><p style="text-align: justify;"><strong>Tesla</strong> shares closed the session with an advance of 7.94%, to <strong>816.99 dollars,</strong> placing the capitalization of the company at about <strong>773,000 million dollars,</strong> compared to slightly more than 765,000 million of Facebook, which gained a 2.06%.</p>
<p style="text-align: justify;">Only <strong>Apple, Microsoft,</strong> Amazon and <strong>Google</strong> now exceed the market value of Tesla, which appreciated more than 700% during 2020.</p>
<p style="text-align: justify;">Thanks to this, its founder and CEO, <strong>Elon Musk,</strong> also surpassed <strong>Amazon</strong> boss <strong>Jeff Bezos</strong> on Thursday as the richest person in the world, according to the real-time list prepared by <strong>Bloomberg.</strong></p>
<p style="text-align: justify;">Musk has seen his fortune multiply over the past year, rising more than $ <strong>150 billion</strong> thanks to Tesla&#8217;s Wall Street rally, of which he owns <strong>about 20%</strong> of the share, plus options for worth about $ <strong>42 billion.</strong></p>
<figure id="attachment_57144" aria-describedby="caption-attachment-57144" style="width: 823px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-57144 " src="https://bitfinance.news/wp-content/uploads/2021/01/elon_musk_tesla.jpg" alt="" width="823" height="634" srcset="https://bitfinance.news/wp-content/uploads/2021/01/elon_musk_tesla.jpg 733w, https://bitfinance.news/wp-content/uploads/2021/01/elon_musk_tesla-300x231.jpg 300w" sizes="(max-width: 823px) 100vw, 823px" /><figcaption id="caption-attachment-57144" class="wp-caption-text">Elon Musk is now the richest person in the world, according to the real-time list compiled by Bloomberg</figcaption></figure>
<p style="text-align: justify;">Over the past year, Tesla went from being a company that caused <strong>doubts among investors</strong> to becoming one of the giants in the market, all despite the fact that it remains a <strong>marginal company</strong> in terms of production and sales volume.</p>
<p style="text-align: justify;">Despite this, it has managed to be by far the most valuable automaker in the world, benefited by its technological nature, a sector that in recent months has exploded on <strong>Wall Street</strong> and by its recent inclusion in the S&amp;P 500 index.</p>
<p style="text-align: justify;">During 2020, Tesla managed for the first time to manufacture more than<strong> half a million vehicles</strong> and increased its sales by 36%.</p>
<p style="text-align: justify;">In the third quarter of the year, the <strong>Californian company</strong> obtained the best results in its history, with a net profit of 331 million dollars, 218% more than in the same <strong>period</strong> <strong>of</strong> <strong>2019,</strong> which allowed it to accumulate profits until that date of <strong>435 million dollars</strong> in nine months.</p>
<h3>There was a triple record</h3>
<p style="text-align: justify;">Wall Street closed with gains on <strong>Thursday</strong> and its three main indicators recorded all-time highs after the US Congress confirmed Joe Biden as president and the <strong>Democrats won</strong> a majority in the Senate for his victory in Georgia.</p>
<p style="text-align: justify;">According to provisional data at the end of the session on the New York Stock Exchange, the <strong>Dow Jones of Industrials</strong> rose 0.69% or 211.73 points and stood at 31,041.13 integers, a level never seen, driven by large listed companies such as <strong>Walgreens</strong> (5.18%), <strong>Apple</strong> (3.41%) and <strong>JPMorgan Chase</strong> (3.28%).</p>
<p style="text-align: justify;">Also in records, the selective S&amp;P 500 rose 1.48% or <strong>55.65 points,</strong> to 3,803.79 units, and the Nasdaq composite index, which brings together the most <strong>important technology companies</strong> in the market, advanced a solid 2.56% or 326.69 points, up to 13,067.48 units.</p>
<p>G. Febres</p>
<p>With information from EFE, Bloomberg and other international media</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/there-was-triple-record-on-wall-street-tesla-surpassed-facebook-in-capitalization/">There was triple record on Wall Street: Tesla surpassed Facebook in capitalization</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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