Here's where Apple, Tesla and Amazon stood when they hit a $600B market cap
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Automaker Tesla has managed to hit a $600 billion market capitalization with a much smaller business than Apple and Amazon when they crossed the same threshold, Morgan Stanley says.
Credit: Tesla
In a note to investors seen by AppleInsider, a group of Morgan Stanley analysts contextualized Tesla's new market valuation by taking a look back at the business size, valuations, and market conditions surrounding Apple and Amazon when they both hit the $600 billion mark.
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