Business
“Wild times:” Tesla value hits $US420 billion as Musk dampens Battery Day speculation – The Driven
Tesla’s value by market cap now equal to the next top 5 car makers combined, as Musk tampers down on speculation about what Battery Day will reveal.
Tesla’s value by market cap is now equal to the next top 5 car makers combined, as share values continued to soar on Thursday settling at $US2,238.75 ($A3,071.62) for a total value of $US417 billion ($A572 billion).
As investors jostle for a piece of the electric car and energy storage pie prior to a five-to-one stock split on Monday, the company has been handed the title of highest target on Wall Street.
On Thursday, Jefferies analyst Philippe Jean Houchois raised his target of $US1,200 by mo…
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