Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.

Tesla Hits $1 Trillion Valuation

Tesla achieved Monday a market value of $1 trillion, becoming only the fifth company to reach such a milestone.

The run up in market capitalization followed a $4.2 billion order from rental car company Hertz. The company announced Monday that it would replace about a fifth of its fleet with Tesla Model 3 sedans.

Tesla has held the title of world’s most valuable carmaker since it passed Toyota in January. Even though Tesla makes fewer cars than many automakers, investors seem bullish on the company’s position as a leader in the transition to electric vehicles.

A trillion dollar valuation was previously only only achieved by tech companies Apple, Microsoft, Amazon and Google’s parent company Alphabet.

Last edited by a moderator:

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.