Apple’s market cap hits 1 trillion USD
Over the last few weeks, the tech industry has been the centre of attention on the US stock market. Facebook and Twitter have both reported a 20% drop in their share price. At the same time, despite a weak quarterly report from Tesla (the company doubled its quarterly losses in Q2 to 717.5m USD), its share price still grew by 18% in the space of two days. Clearly, investors still believe in Elon Musk’s electric car revolution.