Tesla shares surge, hit $1,000 for first time

Tesla shares surge, hit $1,000 for first time

4 years ago
Anonymous $GRbK1oXs9y

https://www.mercurynews.com/2020/06/10/tesla-shares-surge-hit-1000-for-first-time/

Tesla was a star on Wall Street, Wednesday, as investors threw their weight behind the electric carmarker and drove its share price above $1,000 for the first time.

Tesla shares surged 7.5%, to reach as high as $1,011.65 shortly after trading began. Enthusiasm for Tesla was stoked by a report from Reuters which cited a memo to company employees from Chief Executive Elon Musk in which Musk said the company was ready to begin “volume production” of its electric semi truck.

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