Tesla market value soars to $100bn

Tesla has made history for an electric car manufacturer hitting the $100bn value for the first time soaring 5% on the stock market.

It really is quite amazing what the 16 year old company has managed, now with a net worth greater than the world’s largest car manufacturer Volkswagen.

The company has been hitting headlines for months, first with the affordable Tesla Model 3 and also with the additional manufacturing plant in China

It seems today even the Cybertruck has paid of with shares climbing to 573.60.

The Nasdaq-listed firm has seen share prices soar in the past three months by over 125%, and if the uplift in value continues, Musk will be able to cash in on his first of ten $346m share bonus plan.

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