TSLA Stock Price and Quote: Tesla Inc continues its meteoric rise as it nearly hits $600
Premium|Take advantage of 60% OFF on your first month.
Grab this special offer, it's 7 months for FREE deal! And access ALL our articles and analysis.
You have reached your limit of 5 free articles for this month.
BLACK FRIDAY SALE! 60% OFF!
Grab this special offer, it's 7 months for FREE deal! And access ALL our articles and analysis.
CLAIM OFFER- NASDAQ:TSLA gains a further 2.05% on Friday as investors continue to pile in ahead of its inclusion in the S&P 500.
- New EV battery maker QuantumScape debuts on Wall Street.
- Tesla officially surpasses Berkshire Hathaway in market cap.
NASDAQ:TSLA has gone parabolic over the last month as shares of the electric vehicle industry leader have gained over 40% since the end of October. What is causing the surge in demand? Tesla’s pending inclusion into the S&P 500 benchmark index will open the stock up to nearly every index fund that tracks the S&P and will add a level of stability to the once volatile stock. Ever since Tesla split its stock in late August, investors have been scooping up shares by any means possible.
The electric vehicle industry saw a new player debut on Wall Street on Friday and it has nothing to do with making cars. QuantumScape (NYSE:QS) added nearly 60% to its opening price and closed its first trading session at $37.00 per share. The news does not directly affect Tesla which is planning to begin making its own batteries in-house as a way of utilizing its own technology and assets, as well as theoretically being able to lower the costs passed on to consumers.
TSLA stock news
With the recent surge in stock price, Tesla has now officially become the sixth most valuable company in the world, as it has unthinkably surpassed Warren Buffet’s company Berkshire Hathaway (NYSE:BRK-B), with a $555 billion market cap. Investors can reasonably expect Tesla to continue to run-up until its inclusion date on December 21st when the S&P 500 goes through its quarterly rebalancing.
- NASDAQ:TSLA gains a further 2.05% on Friday as investors continue to pile in ahead of its inclusion in the S&P 500.
- New EV battery maker QuantumScape debuts on Wall Street.
- Tesla officially surpasses Berkshire Hathaway in market cap.
NASDAQ:TSLA has gone parabolic over the last month as shares of the electric vehicle industry leader have gained over 40% since the end of October. What is causing the surge in demand? Tesla’s pending inclusion into the S&P 500 benchmark index will open the stock up to nearly every index fund that tracks the S&P and will add a level of stability to the once volatile stock. Ever since Tesla split its stock in late August, investors have been scooping up shares by any means possible.
The electric vehicle industry saw a new player debut on Wall Street on Friday and it has nothing to do with making cars. QuantumScape (NYSE:QS) added nearly 60% to its opening price and closed its first trading session at $37.00 per share. The news does not directly affect Tesla which is planning to begin making its own batteries in-house as a way of utilizing its own technology and assets, as well as theoretically being able to lower the costs passed on to consumers.
TSLA stock news
With the recent surge in stock price, Tesla has now officially become the sixth most valuable company in the world, as it has unthinkably surpassed Warren Buffet’s company Berkshire Hathaway (NYSE:BRK-B), with a $555 billion market cap. Investors can reasonably expect Tesla to continue to run-up until its inclusion date on December 21st when the S&P 500 goes through its quarterly rebalancing.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.