Tesla's stock price hits new high on positive production and delivery numbers

From Barchart: 2025-01-12 18:01:54

Tesla’s stock price rose by 3% today, reaching a new all-time high of $700 per share. This increase was driven by positive news regarding the company’s production and delivery numbers for the past quarter.

Investors are optimistic about Tesla’s future growth potential, as the company continues to expand its production capacity and launch new electric vehicle models. Analysts predict that Tesla’s stock price could reach $800 per share in the near future.

Tesla’s market capitalization now stands at over $700 billion, making it one of the most valuable companies in the world. The company’s strong performance in recent months has attracted a lot of attention from investors and analysts alike, who are closely monitoring its growth trajectory.



Read more at Barchart: Can Tesla survive the bearish tone setting up in the Nasdaq?