Today in regular trading, shares of American electric car manufacturer Tesla surged past the $500 mark.
Tesla, perhaps the most famous electric vehicle company in the world, has had tumultuous last twelve months on the public markets. The company’s shares have traded as low as $176.99 in the past 52 weeks, and, as has high as $507.50 today.
The company is worth $507.28 per share at the moment, valuing Tesla at $91.38 billion according to Google Finance. As is often pointed out Tesla is worth more than Ford and General Motors combined. In a slightly more exotic forumation, Tesla is worth just under 64 times as much as Aston Martin.
What’s going on?
Why is Telsa surging? We presume that it’s not the latest from