Tesla (TSLA.US) stock jumped over 7% during today's trading session, thereby setting a new record. The upward impulse appeared after founder and CEO Elon Musk announced, it was "time to go all out" on the production of the Tesla Semi, and detailing some of the plans for the freight truck's production. In a memo Tesla employees, first cited by Reuters, Musk said the company's Nevada factory would likely produce the truck's battery and powertrain, while the rest of the work would be carried out in other locations around the US.
The stock traded as high as $ 1,010 in midday trading, the continuation of a rally that started Monday with positive car sales news from China. So far Tesla stock is up 140% this year. Source: xStation5
Daily summary: Sentiments on Wall Street stall at the end of the week🗽US Dollar gains
AbbVie near 1-month low after earnings report 📉
Wall Street optimism tempers amid falling odds of December Fed rate cut
DE40: Decline of sentiment in Europe
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
