TSLA Becomes World No.1 Automaker in Value, Being Safe Assets in the Risk-Asset Market On Wednesday, June 10, 2020, the share price of Tesla Inc (TSLA) soared above $1,000\/share for the first time in its history and overtook Toyota for the world\u2019s most valuable automaker. For the first time in the history of TSLA, the share price surpassed the $1,000 mark and dethroned Toyota in market capitalization for the world\u2019s most valuable automaker. One might argue that Tesla Inc is more than an automaker as the company is also focusing on various things, but the core revenue proved that TSLA\u2019s main earnings are from selling automotive. The share price of TSLA rose 138% from $430 at the beginning of 2020 to $1,025.05 on June 10 and well surpassed its plummet from the coronavirus outbreak, while Toyota is still recovering from its loss of -6.2% from January to June 10. One of the reason that made TSLA to be able to withstand the downturn of car industries might due to its tech-related business, which listed it in the U.S. Nasdaq Composite. As global industries were in a shock from the coronavirus outbreak, investors seem to put their trust in tech-heavy stocks as (kind of) a safe asset in a risk asset after the equity market had seen the lowest point since GFC. As of June 10, 2020, Nasdaq made an all-time high to close at 10,020.35 points, and was up 10.2% since January. Leading tech stocks were all recovered from the coronavirus shock, posting gains in YTD. Google\u2019s parent company, Alphabet rose 7%. AAPL increased 17.4%, FB gained 12.8% and AMZN soared 39.4%. Other than favoritism in the U.S. tech stocks, the surge in TSLA also supported by the CEO, Elon Musk, himself. Musk is like another version of the U.S. President Donald Trump, who relies on Twitter or other social media to connect with the world rather than making public statements or conferences. Compared to other tech company\u2019s leaders, Musk seems to use social media more than anyone else. His twitter is flooded with work-related and nonwork-related tweets. He once tweeted \u201cI love anime\u201d and got temporarily locked from Twitter, thinking that his account was hacked. Netizens use him as a meme, some hailed him as the new king of the meme after Leonardo DiCaprio. A good use of social media could be a one-good way for advertisement. Musk posted his SpaceX project and people who do not know about his new company and the project become known of it. Meanwhile, posting a successful launch of SpaceX also raised his reputation, leading back to TSLA. However, one mistake on the internet might be severe to oneself and the company as well. The share price of TSLA once fell 4% on Monday, July 16, 2018, following a rough weekend for its CEO, Elon Musk, who called a diver in a rescue team of Thai soccer team a \u201cpedo\u201d. Looking at the movement of TSLA, the share has climbed to a very crucial point. Some analysts argued that TSLA was overvalued while giving a \u201cSell\u201d rating. Meanwhile, some also expected TSLA to reach the $1,500 mark. Nevertheless, it cannot be denied that TSLA as well as other tech stocks are considered safe assets in the risk assets market.