Tesla briefly hits $1 trillion market cap as shares rally to record high

Tesla (TSLA) shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for the first-time ever.

The stock closed higher by 12.7% to reach $1,024.86 per share. Tesla’s year-to-date advance came in at nearly 45.2%, with the stock outperforming against the S&P 500’s 21.6% rise over that same period. 

With a $1 trillion market capitalization, Tesla joins an exclusive club of mega-cap technology companies with a…


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