Rationalizing Tesla’s Stock Price

Rationalizing Tesla’s Stock PriceOn Monday, June 1, 2020, Tesla Inc. (NASDAQ:TSLA)‘s stock price rose $63.10 to close at $898.10. Given that Tesla has 185.37 million shares outstanding, this jump in price represented an increase in market capitalization of $11.7 billion.  To provide perspective, that number equals approximately 50% of Ford’s market capitalization.  That leads one to suspect there must […]

from Yahoo Finance https://ift.tt/2BH6vV4

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