2024-04-27 13:05:00 ET
It's a monumental accomplishment for a business to get to a $1 trillion valuation. This exclusive group only consists of seven companies today. Except for one, all of these operate in the technology sector.
Tesla (NASDAQ: TSLA) , the popular electric vehicle (EV) maker, once sported more than a $1 trillion market cap in early 2022. But thanks to a massive share price decline, the business is worth $520 billion today.
Can this EV stock reclaim its former glory and get back into the trillion-dollar club by 2030?
For further details see:
Can Tesla Become a Trillion-Dollar Stock by 2030?