by Tyler Durden

Monday, Oct 25, 2021 – 12:43 PM

Update (1235ET): TSLA finally made it into the ‘Cuatro Comas’ Club

…better than the «Tres Comas’ Club

Topping $1,000,000,000,000 in market cap…

AAPL was the first to join in Aug 2018, followed by MSFT, AMZN, and GOOGL (then FB, which has slipped back below the $1 trillion …

Will tonight’s FB earnings be enough to push it back above the line? (or further down)?

*  *  *

With Facebook suffering from a PR crisis (as whistleblowers expose the reality that conservative commentators have been called conspiracy theorists about for months), Tesla is rocketing to record highs on a slew of positive headlines (and upgrades).

This relative move has pushed Tesla above Facebook as the 5th largest US company in the S&P 500…(note that this is not the first time TSLA has been larger than FB)

And that leaves Elon Musk dominating Amazon’s Jeff Bezos as the world’s richest man, becoming the first to top the stunning $250 billion net worth level…

We are sure Liz Warren et al. will have something to say about that!!

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