Tesla stock breaks record at $415

Tesla’s stock price reached a new high on Wednesday, with an intraday peak of US$415.

This surpassed the previous record from 2021 by 50 cents. It was also set to close the day above its last high of US$409.97, noted on November 4, 2021.

The company’s market value has increased by about 66% this year.

November alone saw a 38% rise, Tesla’s most significant monthly gain since January 2023.

Analysts suggest the increase aligns with a broader market rally following recent elections.

Recent Tesla developments

Timeline
11-Dec-2024 🚗 Tesla sells 21,900 EVs in China, hits record Q4 weekly sales Tesla sold 21,900 EVs in China first week of December Introduced 10,000 yuan discount on Model Y loans
03-Dec-2024 ⚖️ Tesla fails to overturn ruling on Musk’s $56b pay deal Judge denies Tesla’s appeal on Musk’s pay deal Tesla plans to appeal to Delaware Supreme Court
30-Nov-2024 🚗 Tesla slashes Model Y vehicle prices in China 10,000 yuan discount for Model Y in China 0% financing option available until December 31
19-Nov-2024 🚗 Tesla shares jump nearly 8% on Trump’s self-driving policy Tesla shares rise 8% amid Trump regulation plans Musk to lead new entity to reduce government bureaucracy
11-Nov-2024 📈 Tesla market cap tops $1t after Trump win

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Recent Tesla developments

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