Tesla hit a $300 billion milestone while making less than half of what Apple and Amazon were when they crossed the same mark

Tesla passed the $300 billion market cap milestone while generating less than half the revenue of Apple and Amazon when they hit the same valuation.
Morgan Stanley analysts say Tesla's milestone is reflective of a large valuation premium versus when Apple and Amazon achieved the same market cap.
Tesla stock has skyrocketed in recent weeks, and the company recently became eligible to join the S&P 500 after reporting its fourth consecutive profitable quarter on Wednesday.
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