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Tesla back in trillion-dollar club after Trump win
A breakneck rally in Tesla Inc. shares on Friday catapulted the electric vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon Musk’s company.
Shares of the company closed up 8.2% at $321.22 Friday, taking their gains this year to 29%, and Tesla’s market value to about $1.03 trillion.
[Bloomberg]
A breakneck rally in Tesla Inc. shares on Friday catapulted the electric vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon Musk’s company.
Shares of the company closed up 8.2% at $321.22 Friday, taking their gains this year to 29%, and Tesla’s market value to about $1.03 trillion.
[Bloomberg]