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Tesla share price jumps
Tesla Inc. shares surged 20% Monday, adding more than $23 billion to the stock’s market value, boosted by earlier-than-expected profitable operations at its Gigafactory and a flurry of other good news.
It’s just another day in the green for Elon Musk & Co., who have seen the stock climb 15 sessions out of 22 this year, adding more than $360 as the company notched one success after another.
So far this year the company has opened its long-awaited Shanghai factory; delivered blowout quarterly results, including its fourth profitable period in six; accelerated Model Y deliveries and pledged to deliver at least 35% more vehicles than it did last year.
[Bloomberg]
Tesla Inc. shares surged 20% Monday, adding more than $23 billion to the stock’s market value, boosted by earlier-than-expected profitable operations at its Gigafactory and a flurry of other good news.
It’s just another day in the green for Elon Musk & Co., who have seen the stock climb 15 sessions out of 22 this year, adding more than $360 as the company notched one success after another.
So far this year the company has opened its long-awaited Shanghai factory; delivered blowout quarterly results, including its fourth profitable period in six; accelerated Model Y deliveries and pledged to deliver at least 35% more vehicles than it did last year.
[Bloomberg]
