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On December 22nd, during the regular trading session of the U.S. stock market, Tesla's share price witnessed a remarkable surge, climbing as much as 3.66% to hit $498.82 per share. This impressive feat not only broke the previous historical record established just last Thursday but also brought the share price tantalizingly close to the $500 mark. By the time of our press release, the gain had slightly receded to around 2.7%, with the stock trading at approximately $494 per share. Since the start of this month, Tesla's share price has experienced a nearly 15% upswing, propelling the company's overall market capitalization to a staggering $1.64 trillion. This impressive valuation not only surpasses Broadcom's $1.62 trillion but also reinstates Tesla among the seven most valuable publicly traded entities in the U.S. stock market.
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