Jack Ma’s fintech unicorn has had its record-breaking initial public offering halted after a meeting with Chinese authorities.
Wednesday trading saw Apple’s market cap rise above the $2 trillion mark for the first time in Wall Street’s history.
Following a stock surge, the Tesla CEO’s net worth has risen above that of Warren Buffett and Mukesh Ambani.
The planned five-for-one stock split, the first in the company’s history, has been received enthusiastically by investors.
Wednesday trading saw Tesla’s market cap rise to $209 billion, gaining an appreciable lead over rival Toyota and cementing Tesla as the most valuable automaker in the world.