Tesla just outperformed Walmart in market value. Here are the 8 remaining S&P 500 companies worth more than Tesla. (TSLA)



REUTERS / Steve Nesius

  • Tesla became the ninth highest listed company in the United States after its share price surpassed $ 2,000 per share on Thursday, according to data from YCharts.com.
  • The electric vehicle maker has seen its stock skyrocket by more than 45% since announcing it would implement a 5-to-1 stock split on August 11.
  • Tesla is now more valuable than Walmart and less than $ 20 billion in market capitalization nowhere near Johnson & Johnson.
  • Here are the eight remaining S&P 500 companies that are worth more than Tesla.
  • Visit the Business Insider homepage for more stories.

Tesla is now more valuable than the 492 lowest companies in the S&P 500, without being a member of the S&P 500 index.

At its intraday high of $ 2021.99 on Thursday, Tesla posted a valuation of over $ 378 billion, just above Walmart’s market cap of $ 368 billion, according to data from YCharts.com.

The electric vehicle maker has jumped more than 45% since announcing on Aug.11 that it would implement a 5-to-1 stock split at the end of August.

Since the start of the year, Tesla has jumped 378%. Investors continued to uplift the company after recording its fourth consecutive quarter of profitability last month and are now eligible to be part of the S&P 500 Index.

Tesla’s relative valuation to Walmart is astounding when you consider the financial profiles of the two companies. In its most recent fiscal year, Walmart posted $ 500 billion more in revenue than Tesla.

Read more: Scholarship magician William O’Neil turned $ 5,000 into $ 200,000 in just a few years. Here is the 7-part model he uses to detect winning stocks.

But in a world where interest rates are close to zero, growth is scarce and investors are willing to pay for it. For example, Tesla was showing a price-earnings multiple of 1030x on Thursday.

Here are the eight remaining S&P 500 companies that are worth more than Tesla, after overtaking Walmart.

8. Johnson & Johnson

Teleprinter: JNJ
Market capitalization:
$ 398 billion

7. Visa

Teleprinter: V
Market capitalization:
$ 432 billion

Read more: MORGAN STANLEY: Buy These 22 Stocks That Cut Costs As Sales Hit By COVID-19 – Putting Them In A Position To Destroy The Market As Economic Recovery Continues

6. Berkshire Hathaway

Teleprinter: BRK.A / BRK.B
Market capitalization:
492 billion dollars

5. Facebook

Teleprinter: FB
Market capitalization:
762 billion dollars

4. Alphabet

Teleprinter: GOOGL / GOOG
Market capitalization:
1,07 billion de dollars

Read more: Steven Goldstein played the market successfully for 25 years before he started coaching traders who managed billions. Here are his 15 “golden” rules that have helped him succeed in his investments.

3. Microsoft

Teleprinter: MSFT
Market capitalization:
1,61 billion de dollars

2. Amazon

Teleprinter: AMZN
Market capitalization:
1,65 billion de dollars

1. Apple

Teleprinter: AAPL
Market capitalization:
$ 2.03 billion

Read more: ETF managers targeting 2 of the hottest themes in the market gave us insight into their investment approaches, including an on-demand economy strategy up 45% this year.


Please enter your comment!
Please enter your name here