Tesla (TSLA) reached a share price of over $1,000 making it the most valuable automaker in the world. Telsa, Inc. is an American electric vehicle company founded in July 2003. 11 years later, Telsa is the world’s best-selling battery electric passenger car manufacturer.
A little over a month ago, Elon Musk tweeted that we was getting rid of all his possessions and the share price dropped below $700.
That decline was short lived as Tesla’s market valuation has now surpassed that of Toyota.
Full Disclosure, I am an investor of TSLA and am very long on the stock.