Tesla shares hit all-time high
Shares of US electric car manufacturer Tesla rose to an all-time high.
Tesla’s share price increased by more than 4 percent to $419.8 as of 22.30 Türkiye time.
Thus, the company’s share price rose above the peak of $ 414.5 recorded on November 3, 2021.
With the rise in its shares, Tesla’s market value reached 1.3 trillion dollars.
NET WEALTH EXCEEDED 370 BILLION DOLLARS
The net worth of Tesla Chief Executive (CEO) Elon Musk, the richest person in the world, exceeded 370 billion dollars.
Tesla shares had risen after Donald Trump, supported by Musk, was elected as the 47th president of the USA.
Tesla’s shares have gained over 66 percent in value since Trump’s election victory.
US President-elect Trump’s announcement that Musk and entrepreneur Vivek Ramaswamy would run the Department of Government Efficiency also had an impact on the direction of Tesla shares.