Tesla Shares Worth Over A Thousand Dollars for the First Time

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The share of the American car manufacturer Tesla on Wednesday rose for the first time since the IPO ten years ago above the magical limit of a thousand dollars.

 

Since the share plummeted to $ 350 ($ 307.18) in mid-March due to the corona crisis, it has almost tripled in value.

The company of the high-profile CEO and primary shareholder Elon Musk is now valued at about $ 187 billion on the stock exchange.

The race was boosted on Wednesday by an email from Musk to his employees announcing the mass production of electric trucks.

The Nevada plant will manufacture the batteries and electric propulsion for those vehicles.

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