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Tesla nearly sets all-time high, adds $140 billion in one day of trading
$TSLA Has hit an all time high beating the previously set $1,200 in November. In after markets it is currently trading around $1,205
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Tesla has now hit a new All time high at $1,200.84 per share
With the announcement of their huge delivery beat on Sunday ( see more about the delivery beat here) Tesla stock has gained more than 140 billion during todays trading session.
The stock has also gained the biggest one-day gain ($143.22, post split) and market cap gain ($143.8B) in the companies history! The Stock had reached an intraday high of $1,200 per share [twice], briefly hitting a price equivalent to its ATH set in November
The Stock has now risen over $140 during intra-day trading, and has seen Elon Musks net worth grow by more than 25 billion in one day
Tesla stock has set a new ATH at $1,200.84 and is currently trading in the after market between $1,203 and $1,205. The new ATH of $1,200.84 narrowly beats the previously set ATH of $1,200.
We expect the stock will continue to rise until we reach Q4 2021 Earnings, due to a number of important catalysts
Financial Year 2022 Volume and EPS estimates will increase due to adjusted Delivery numbers and likely record setting Q4 numbers
Berlin Giga factory opens January
Texas Giga factory opens January
Investment upgrade in February
Biden’s BBB bill is passed in march, adding an $8,000 EV incentive
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