Tesla Is Worth More Than Half A Trillion Dollars

Tesla is now worth more than half a trillion dollars on the stock market. Last year, Elon Musk predicted that self-driving Teslas would boost Tesla's market cap to $500 billion. Although Tesla's Full Self-Driving (FSD) suite is still in a very limited beta release, Elon's prediction has come true earlier than anticipated. In fact, with the rise in market cap, Elon Musk has moved past Bill Gates in the ranking of the richest people in the world, becoming second only to Jeff Bezos. In 2019, CNBC reported that Citigroup and Goldman Sachs, who just recently announced that Tesla being added into the S&P 500 could spark an $8 billion buying spree, were on a broad investor call with Elon Musk and Tesla CFO Zach Kirkhorn.