Tesla Passes Walmart In Market Value

On Thursday, Tesla became the ninth-highest-valued US-listed company.

This comes after Tesla share price exceeded $2,000 Business Insider reports that Tesla has seen its stock rocket more than 45% since it announced a 5-for-1 stock split on August 11.

Tesla is now more valuable than Walmart.

Its market cap is less than $20 billion away from overtaking Johnson & Johnson.