Coronavirus: Tesla, Twitter lead stock market gains as reopening hopes rise
https://www.siliconvalley.com/2020/06/08/coronavirus-tesla-twitter-lead-stock-market-gains-as-reopening-hopes-rise/
Bay Area stocks such as Tesla and Twitter rallied Monday as investors showed continued enthusiasm over hopes of the economy reopening and beginning to recover from the devastation wrong by shutdowns aimed at slowing the spread of coronavirus.
Tesla shares climbed by 4.6%, to $926.45, to trade at levels not seen in almost four months, and were on track for a potentially all-time high close. Auto industry reports said Tesla saw demand for its cars in China increase in May, with the company selling about 11,000 cars during the month compared to around 4,000 cars sold in April.