Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Tesla Stock Soared Past $640 on Thursday


Shares of electric-car maker Tesla (NASDAQ: TSLA) surged to an all-time high on Thursday. As of 10 a.m. EST today, the stock was up 10.2%, putting it at about $640.

The stock's gain follows the automaker's strong fourth-quarter results and news that its new electric Model Y crossover is coming to market earlier than expected. Revenue and earnings per share during the period beat analysts' average expectations, and free cash flow jumped.

From left to right, Tesla's Model S, 3, X, and Y. Image source: Tesla.

Continue reading


Source Fool.com

Like: 0
Share

Comments