Business
Tesla Resumes Rally to Surpass $2,000 Ahead of Stock Split – Bloomberg
Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric-vehicle maker’s shares over the past five months.
Tesla Inc.’s market value has surpassed retail behemoth
Walmart Inc. after an astounding surge in the electric-vehicle maker’s shares over the past five months.
The stock, which touched a low of about $350 in March, has almost quintupled since then and crossed $2,000 on Thursday, over 10 times the level it was trading at this time last year. Tesla shares closed up 6.6% at $2,001.83 in New York, at an all-time high. The stock has closed at records on four of the past five trading days.
The re…
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