September 11 may have been a dark day for America, but this day has become memorable for Tesla and Elon Musk. Yes, on Monday an increase of more than 10 percent was seen in the shares of the world's largest EV company. Due to which the market value of the company has seen an increase of 80 billion dollars. This means that the market cap of the company has increased by Rs 6.63 lakh crore in Indian rupees. With this, Elon Musk's net worth is expected to increase by more than $9 billion. No official information has been received yet. In fact, after the report of Morgan Stanley, there has been a rise in the shares of the company. Let us also tell you what Morgan Stanley has said about Tesla.
What did Morgan Stanley say?
According to Morgan Stanley analysts, Tesla's Dojo supercomputer could increase the electric vehicle maker's valuation by $500 billion. All I had to say was that there was a tremendous rise in the shares of the company. If this happens, the market cap of the company may cross one trillion dollars and cross $1.20 trillion. At present the market cap of the company is 868 trillion dollars. In which a tremendous increase has been seen compared to Friday.
Company's shares rose by 10 percent
After Morgan Stanley's report, there has been a huge increase in the shares of EV maker Tesla. According to the data, the company's shares have seen an increase of more than 10 percent on Monday. After which the company's shares closed at $273.58. Whereas on Friday the company's shares were at $248.50. However, during the trading session the company's shares had reached $274.85. If experts are to be believed, the company's shares may cross $300 in the coming days.
Increase in company's market cap
On the other hand, there has been a tremendous increase in the market cap of the company. According to the data, there has been an increase of about 80 billion dollars i.e. Rs 6.63 lakh crore in the market cap of the company. The market cap of the company was at $ 788.73 billion on Friday, which has reached $ 868.34 billion on Monday. Tesla is one of the top 5 most valuable companies in the world. If experts are to be believed, further increase may be seen in the coming days.
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