Tesla Stock Surges 14.75%, Breaks $300 for First Time Since 2022

Nov 8, 2024, 02:35 PM

Tesla's stock has reached a significant milestone, closing above $300 for the first time since September 2022. On November 6, 2024, Tesla's stock closed at $288.53, marking a 14.75% increase and adding $119 billion to its market capitalization. By November 8, 2024, the stock surged past $300, reaching approximately $306.50, its highest level in over two years. This surge brings Tesla close to a $1 trillion market cap, with the stock now only 2.5% away from achieving this mark. Additionally, Tesla's stock achieved new 52-week highs during this period.