Tesla Shares Surge to Best Finish in Years, BofA Securities Highlights Growth Potential
On Friday, Tesla Inc.’s stock surged to its best finish in years, and BofA Securities just outlined reasons why it can keep rising.
Tesla Market Cap Surpasses $1.2 Trillion as Stock Hits $389.22
Dow Jones Market Data reports that the electric vehicle leader’s stock closed 5.3% higher at $389.22 per share, the highest closing level since shares ended at $399.93 on January 3, 2022. From its record close of $409.97 per share on November 4, 2021, the stock is currently down about 5%. Dow Jones Market Data reports that the company’s market capitalization has once again crossed the $1.2 trillion mark, ending at $1.249 trillion on Friday to surpass the previous record of $1.235 trillion, which was also reached on Nov. 4, 2021.
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