Tesla (TSLA) surges to new highs, valuation now reaching close to half a trillion dollars

Over the last week, since it was con­firmed that Tes­la will be added to the S&P500, the stock has been surg­ing, and it has reached new highs today.

As of the time of writ­ing, Tes­la was up 7% today alone and up 20% since last week.

The automak­er has added more than $100 bil­lion in mar­ket cap­i­tal­iza­tion over the short peri­od of time.

Now, Tesla’s mar­ket cap stands at $497 bil­lion, which is just shy of half a tril­lion dollars.

 

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