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Tesla shares reached $ 900

February 5, 2020

2 min read

The actions of the electric vehicle company, Tesla , soared for the second consecutive day on Wall Street and reached $ 900 this Tuesday, February 4. This represents a rise of 35% in two days and more than 100% so far this year.

Although the firm of Elon Musk closed yesterday with an increase of 13.73%, reaching 887.06 dollars, it came to quote above 940 dollars. The increase is a consequence of positive estimates of its results.

Tesla shares reached $ 900Tesla shares reached $ 900

The analysts of the New York Stock Exchange were very positive thanks to the financial results obtained by the company between October and December, and the business expectations of the company that expects to reach 500 thousand cars delivered.

The automaker has doubled the value with which it began this year 2020 and its value reaches 140.6 billion dollars, while in 2019, it reduced its losses by 27% and increased its revenues by 14.5 percent, rising from the sale of cars

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