Tesla stock prices jumped to historic highs

Tesla stock prices jumped to historic highs

Tesla’s stock price rose to a historic high of $ 735.18 per share, according to Nasdaq.

As of 10:30 a.m. growth slowed to 10.14%, the value of the stock was $ 716.56. Capitalization reached $ 128.78 billion.

Earlier, at the end of January, Bloomberg reported that the fortune of an American entrepreneur, Tesla CEO Ilon Mask, grew by $ 2.3 billion in an hour against the backdrop of trading. The company’s shares are growing after Tesla reported on record deliveries of cars – more than 112 thousand in the IV quarter of 2019.

Prior to this, on January 22, Tesla’s capitalization exceeded $ 100 billion. The company became the first US automaker whose market value surpassed this mark. Reuters noted that over the past three months, Tesla shares have more than doubled. This was facilitated by an unexpected report on quarterly profit in October, news about the increase in production at the Chinese plant and higher than expected annual deliveries of cars.

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