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