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Tesla’s previous all-time high price was $414.49/share in 2021.
Even though we’re still more than a month away from Tesla’s (TSLA) next financial earnings report, But the company’s shares have made positive moves in recent weeks. After continuing to increase in value, Tesla shares reached more than $422 per share. This is an all-time record for an electric car company.
Tesla shares were valued at $422.13 this afternoon. That represents a new high for the company’s shares. It previously hit a high of $414.49 three years ago.
Tesla’s stock has risen sharply since the 2024 presidential election. The stock jumped sharply on Election Day, when Elon candidate Donald Trump Musk publicly endorses and financially supports it. Elected to be the next president of the United States. Then it was announced that Musk would be put in charge of a new department in the US government.
It will be interesting to see how Tesla stock is affected when the company reports its latest quarterly results next month. For all things Tesla, follow us on Shacknews.
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