Tesla Nears Record High Close, Market Cap Hits $1.5 Trillion
The electric vehicle maker has added $850 billion in market value since April 2025, putting it on course for an all-time closing high.
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Terms & Concepts
- Market Capitalization: The total value of a company's outstanding shares, calculated by multiplying the share price by the number of shares.
- Record High Close: The highest closing price ever achieved by a company's shares in the stock market.
- Electric Vehicle (EV): A vehicle powered by electric motors using energy stored in rechargeable batteries, rather than an internal combustion engine.