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Business Matters: Tesla is now worth more than $1 trillion

Tesla is now worth more than $1 trillion dollars

26/10/2021 GMT

Tesla is now worth more than $1 trillion

BBC World Service - Business Matters, Tesla is now worth more than $1 trillion

Tesla surpassed a market value of $1 trillion, making it the fifth such company to do so.

Tesla surpassed a market value of $1 trillion on Monday, making it the fifth such firm to reach the milestone. Shares in the electric automaker climbed 12.6% after it struck a deal to sell 100,000 vehicles to the international car rental company Hertz. We speak to Bloomberg's Business reporter Dana Hull about Tesla's fortunes. Also in the programme, Facebook's latest financial results showed better than expected earnings. It comes as the whistleblower Frances Haugen appeared in front of the UK parliament and told MPs that the social media company was "unquestionably making hate worse". We ask Imran Ahmed, Chief Executive of the Center for Countering Digital Hate, if he agrees. And should the private sector intervene to save the Amazon jungle from destruction? We hear how a new platform aims to connect tropical forests with private sector cash. Later, Coca-Cola was named the world's biggest plastic polluter. Emma Priestland from the Break Free from Plastic Research Group, tells us how to reduce the amount of plastic we use. Plus, do we need to spell in this age of autocorrect? Our regular commentator Peter Morgan shares his views. 

All through the show, we'll be joined by Alison Van Diggelen, host of Fresh Dialogues in Silicon Valley and Jyoti Malhotra, editor of The Print website in New Delhi.

Picture: Tesla car. Picture credit: Tesla .)

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