The company’s shares touched a record high on Monday, pushing Tesla’s market value above $600 billion and further cementing its position as the most valuable auto company in the world despite production that is a fraction of rivals such as Toyota Motor, Volkswagen and General Motors.
Demand for Tesla’s shares has been further fueled by the decision last month to add the company to the S&P 500 index, making it one of the most valuable firms ever to join the main U.S. stock market benchmark. The 670% rally in Tesla’s shares this year has also boosted Chief Executive Officer Elon Musk’s net worth from $27 billion to $155 billion, making him the world’s second-richest person, according to the Bloomberg Billionaires Index.
Source: Energy Industry News (energyindustrynews.net)
Secondaries are a MAJOR Sell signel !!!!!!!!!!
For those who can afford it that's great. I just hope but not too many young New Zealanders borrow money to invest with such low interest rates at the moment. When something looks too good to be true it often is. Be safe and enjoy Christmas.
Smart
Operation Sledgehammer
Like a slow car crash
They need money to settle lawsuits
Tesla could be the next big scam to rock and shock the world; watch out!
What goes up, must come down
..and told commiefornia to beat it! Hello Tejas!
95% only bad news(