Photo: Tesla Motors
Tesla Motors stock has reached a new all-time high yesterday, shooting past the $200 mark before settling at about $198, The Wall Street Journal reports.
The benchmark comes after a few months of stock market struggle caused by the Tesla Model S fires that were reported last autumn and a wall charger recall that was announced last month.
Interestingly enough, Tesla Motors stock closed at $38.42 exactly one year ago and is already up 30 percent up in 2014. On the other hand, analysts believe the $200 mark may be just a ceiling, as the stock got back to roughly where it was in September.
In Tesla-related news, Elon Musk confirmed that the Model S will gain an all-wheel drive version in 2015, when the Model X crossover is also scheduled to go into production.
Story via WSJ
Interestingly enough, Tesla Motors stock closed at $38.42 exactly one year ago and is already up 30 percent up in 2014. On the other hand, analysts believe the $200 mark may be just a ceiling, as the stock got back to roughly where it was in September.
In Tesla-related news, Elon Musk confirmed that the Model S will gain an all-wheel drive version in 2015, when the Model X crossover is also scheduled to go into production.
Story via WSJ
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