Will driverless cars support another surge in Tesla's share price?
Tesla's [TSLA] share price has continued to soar this year as it recently exceeded the $2,000 mark on 20 August, setting a new all-time high for the stock. It didn't stop there though, as Tesla's share price went on to close at $2,238.75 -- up 435.16% year-to-date -- prior to its recent share split. Following the five-for-one split, Tesla's share price suffered a dip, dropping 10% from 31 August to 2 September. However, the stock is still up 372.98% for the year to 3 September. Not only has the company gone on to surpass Toyota to become the world's most valuable car manufacturer, but Tesla's share price has a market capitalisation of $386.4bn
Sep-4-2020, 09:15:05 GMT
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