Tesla Inc. shares on Monday rose more than 14%, headed for a record high and trading above shares of Google's parent Alphabet Inc. and Priceline.com's Booking Holdings Inc. . The stock's one-day gain is its best since a 16% jump in March. The rally has pushed the Silicon Valley car maker's market value to around $321 billion, the most valued car company in the world after Japan's Toyota Motor Co. . Tesla shares are up nine out of the past 10 sessions as investors await the company's second-quarter results next Wednesday, and the possibility of a surprise quarterly profit that would set the company to joining the S&P 500 index. Read More...
Tesla Inc. shares on Monday rose more than 14%, headed for a record high and trading above shares of Google’s parent Alphabet Inc. and Priceline.com’s Booking Holdings Inc. . The stock’s one-day gain is its best since a 16% jump in March. The rally has pushed the Silicon Valley car maker’s market value to around $321 billion, the most valued car company in the world after Japan’s Toyota Motor Co. . Tesla shares are up nine out of the past 10 sessions as investors await the company’s second-quarter results next Wednesday, and the possibility of a surprise quarterly profit that would set the company to joining the S&P 500 index.
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