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Less than a month after the company's stock crossed the infamous value of $420, Tesla has now become the first publicly listed U.S. car manufacturer to reach $100 billion in extended trading.
After a gap of over 17 years, the Redmond giant has managed to cross the $600 billion mark. Back in 2000, at the peak of the dot-com era, Microsoft had for the first time hit the milestone.
Analysts at investment management firm Morgan Stanley believe Microsoft may see a massive increase in its share price in coming years as a result of its investments in cloud computing and AI.
The company last crossed the mark back in March 2000 when its market cap was a little over $550 billion. It has consistently beaten Wall Street's expectations for seven of the last eight quarters.
