
American carmaker Tesla tripled its market value in last 12 months
This year, Tesla shares grew in more than 120%.
Tesla gained 8% on Wednesday, which is greatest one-day jump in last 2 weeks, and its value even jumped above $900. Some analysts raised price target on Tesla to value around $930.
Yet, the value may be soon surpassed as well. Tesla might be representative of companies accelerating the transition to clean energy, and so the escalating fight against climate change may be positive aspect affecting Tesla value. Latest Tesla models are of the highest quality and best to purchase on electric car market.
In January, Tesla became the most valuable auto company in US history. Back then, tesla shares traded under $500. Price targets of Tesla jumped over $83 billion, passing Ford Motor’s 1999 record.