Tesla is nearing $500 billion in market value. Elon Musk predicted self-driving cars would boost it to that level
Elon Musk predicted last year that self-driving Teslas would boost the electric-vehicle maker’s market capitalizationto $500 billion. Tesla’s market cap jumped as high as $498 billion on Monday, even though its autonomous vehicles— leaving aside the question of regulatory approvals or mainstream adoption — are still a work in progress.