Tesla (TSLA) stock hits a new all-time high above $420/share

As a long-time follower of Tesla and tech innovation, I can’t help but feel exhilarated by the recent surge in Tesla’s stock value. Having witnessed the company’s incredible journey since its inception, it’s amazing to see it reach new heights, particularly after the 2024 Presidential Election. The electrifying rise of Tesla stock on Election Day was a clear indication that the future is indeed electric!

Although Tesla (TSLA) won’t release its next financial report for more than a month, the company’s shares have shown encouraging movements recently. In fact, they’ve been steadily increasing in value and just surpassed $422 per share – marking a new all-time high for Tesla, the electric vehicle pioneer.

This afternoon, Tesla’s share value reached an all-time high of $422.13. The previous peak was $414.49, achieved three years back.

The value of Tesla shares has skyrocketed since the 2024 U.S. Presidential Election. Notably, the stock experienced a significant surge on the day of the election, when Donald Trump – the candidate backed by Elon Musk both publicly and financially – was chosen as the next American president. Later, it was disclosed that Musk would be assigned a role supervising a new government department in the U.S.

Keep an eye out for how Tesla’s share value may change following their upcoming quarterly earnings release next month. Join us here at Shacknews to stay updated on everything related to Tesla.

Read More

2024-12-12 00:27