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Tesla Just Landed on the Fortune 500 List for the First Time
It’s been a great week for Tesla. The company has been enjoying favorable coverage in the news cycle — from its highly successful launch of pre-orders for their solar roofing technology to a number of exciting developments they announced at their shareholder’s meeting. Now, the company’s stock prices are reaping the benefits: Fred Lambert at Electrek reports that as of Thursday, Tesla’s stock reached an intraday high of $360 per share — setting the valuation of the company at $60 billion.
This healthy trend has led to the company being added to the Fortune 500 list for the first time. Currently, Tesla is listed at the 383rd position on the list.
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