Tesla Inc's Market Value Crosses $1 Trillion, Joins Apple, Microsoft & Amazon

Tesla Inc's market value exceeded $1 trillion on October 25 after receiving its largest-ever order from rental vehicle business Hertz, a purchase that reaffirmed the electric car leader's intentions to outsell the whole auto industry over the next decade. Tesla's stock soared 14.9 percent to $1,045.02, making it the most valuable manufacturer. Tesla is the first automobile manufacturer to join Apple, Amazon, and Microsoft in exclusive club of trillion-dollar corporations.