65438+1On the morning of October 4th, Tesla's share price rose as high as 5.4% to $743.74, reaching an intraday high of $744.49, setting a new record for Tesla's US stocks. The market value of the company once exceeded $700 billion. Last year, 65438+February, the stock was included in the Standard & Poor's 500 Index. At the close, Tesla's market value was $696,543.8+07 billion, ranking first among global car companies. Toyota ranked second with a market value of 213.9 billion dollars. Tesla's market value is slightly lower than the total market value of the other eight most valuable automakers in the world.
Even in the face of the global epidemic in 2020, elon musk still adheres to the delivery target of 500,000 vehicles set by Tesla in 2020. Although it was not realized in the end, it was only 450 vehicles less than the target. Tesla made profits for five consecutive quarters, and its execution was strong in 2020, which indirectly gave the stock price a shot in the arm.