Tesla has BIGGEST trading day since 2013 after strong Q3 and as Shanghai plant opening nears - News Summed Up

Tesla has BIGGEST trading day since 2013 after strong Q3 and as Shanghai plant opening nears


Tesla had its biggest trading day in six years, after the electric automaker delivered strong third quarter earnings and moved closer to opening a manufacturing plant in Shanghai. Tesla stock ended the day trading up at 17.7 percent, closing at almost $300 a share, surprising analysts who expressed more confidence in the company's future. Shares started the day trading above $300, returning to levels not seen since February. Tesla shares, which closed at $299.68, had their best day since May 2013, had started the day trading above $300, returning to levels not seen since February. As for domestic production, Musk indicated in a leaked email to employees last month that the company had a 'shot' at delivering 100,000 electric vehicles.


Source: Daily Mail October 24, 2019 22:30 UTC



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