Friday 3 July 2020

Tesla to the moon!

Tesla takes the lead

Tesla's Q2 delivery numbers beat the street expectations at 90,650.

The stock price soared a further 8 per cent to an all-time high close of $1,209.


Tesla is now the highest valued carmarker on the planet ahead of Toyota and all the rest, even before it's consistently turned a profit, with a market cap of more than $224 billion.

The major car manufacturers saw sales plunge more than 30 per cent as the recession and shutdowns disrupted activity.