For all the headline-making drama surrounding Elon Musk and his creation Tesla Inc., investors were handsomely rewarded for their patience this year. Now that the company is maturing to top-of-the-line status with its addition to the S&P 500 Index this month, what happens next can be boiled down to a …
Read More »Tesla’s market value surpasses $ 500 billion in meteoric rally
Tesla Inc surpassed $ 500 billion in market value on Tuesday as investors took its shares in the run-up to its S&P 500 debut, extending a meteoric rally that has seen it rise more than 500% this year. Shares of the California electric car maker rose nearly 5%, putting its …
Read More »Dow expects 30,000 with a 350-point jump as Biden’s transition to the White House begins
Wall Street opened higher on Tuesday when the formal go-ahead for President-elect Joe Biden’s transition to the White House ended weeks of political uncertainty, while Tesla rose 3.3% to exceed $ 500 billion in capitalization. market for the first time. At 10 a.m. ET, the Dow Jones Industrial Average was …
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