Tesla's stock market value is now higher than Facebook — Quartz
The world’s buzziest electric car company is now worth more than Facebook. Tesla’s share price has skyrocketed over the past year, as the company has delivered five profitable quarters in a row. Its market capitalization is now hovering around $830 billion, making it the fifth most valuable company on Wall Street. Only Apple, Microsoft, Amazon, and Alphabet loom larger. More immediately, Tesla’s stock price has benefited from the election of Joe Biden, and the results of this week’s Senate runoff elections in Georgia, which hand Democrats control of the White House and both chambers o...