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12/21/19

Tesla shares hit record high, close to Musk's $420 take-private offer

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The recent run-up is a stunning turnaround for the shares, triggered by a rare quarterly profit in October, news of production ramp-up in its China factory and upbeat early deposits for its recently launched electric pickup truck. Tesla's shares were up 2.2% at $413 on Friday, trading 46% higher than Wall Street's current median price target.

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Tesla shares hit record high, close to Musk's $420 take-private offer originally appeared on Autoblog on Sat, 21 Dec 2019 09:49:00 EST. Please see our terms for use of feeds.

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