Tesla overtakes Facebook to become world's sixth most valuable company
Tesla on Thursday overtook Facebook to become the world's sixth most valuable company, just behind Google-parent Alphabet. After an 8% surge, Tesla ended the day with a market capitalisation at $774 billion, compared to Facebook's $765 billion. Tesla CEO Elon Musk on Thursday surpassed Amazon's Jeff Bezos to become the world's richest person with a $195-billion fortune, according to Bloomberg.