Tesla closes above $2,000 per share

Tesla closes above $2,000 per share

Shares of Tesla rose 7% on Thursday to close at an all-time high of $2,001.83 per share.
It was the first time that the automaker, led by Elon Musk, crossed the $2,000-per-share threshold. Tesla’s market capitalization is valued at nearly $372 billion.

Tesla earlier this month announced its first 5-for-1 stock split. At the end of trading on Friday, each shareholder will receive four additional shares for each they own, to be distributed at the end of trading on August 28.

Tesla will begin trading on a stock-split-adjusted basis on August 31. Tesla is rising and oil stocks are falling
Tesla is now reportedly worth more than ExxonMobil, Shell, and BP Combined
It is also the most valuable automaker in the world.

Source: Media

Report by: OGP/Segun Cole , Please email us your industry related news for publication info@OilAndGasPress.com

Submit a Press Release

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

Oil and Gas News Straight from the Source

Most News articles reported on OilAndGasPress are a reflection of what is published in the media. OilAndGasPress is not in a position to verify the accuracy of daily news articles. The materials provided are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. OilAndGasPress welcomes all viewpoints. Should you wish to provide a different perspective on the above article, please email us info@OilAndGasPress.com

Information posted is accurate at the time of posting, but may be superseded by subsequent press releases