24 Apr '13, 7pm

Tesla Stock Reaches All-Time High Of $53 A Share

Yesterday morning Tesla shares briefly went over $53 a share, about three times the initial public offering price of $17 a share when Tesla went public back in June of 2010. Shares of Tesla are up 50% this year alone, with Model S production chugging along and CEO Elon Musk finally reporting a (very small) profit. After years and years of blowing through millions of dollars, Tesla finally seems as though it can stand on its own two feet as a car company. As of this writing, Tesla stock is trading for about $50 a share.

Full article: http://gas2.org/2013/04/24/tesla-stock-reaches-all-time-h...

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