Search

Tesla shares hit all-time high - CNBC

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021.
Patrick Pleul | Reuters

Tesla shares hit an all-time high on Friday, surging above $900 a share shortly after market open, nearly two days after the company reported record revenue and profits in the third quarter.

Shares were trading at roughly $905 after 1 p.m. ET.

The move marks the first time since January the company made an intraday record.

Tesla's strong earnings results stemmed from improved gross margins of 30.5% on its automotive business and 26.6% overall. The stock dropped under 2% in after hours trading on Wednesday.

Tesla's market cap stood at roughly $850 billion midday.

Adblock test (Why?)



"all" - Google News
October 22, 2021 at 09:49PM
https://ift.tt/3b32EA8

Tesla shares hit all-time high - CNBC
"all" - Google News
https://ift.tt/2vcMBhz


Bagikan Berita Ini

0 Response to "Tesla shares hit all-time high - CNBC"

Post a Comment

Powered by Blogger.