4:42 PM · 30 June 2020

Tesla stock soars by 7%

Tesla (TSLA.US) has gained another 6% on Tuesday and trades above $1070 for the first time ever following a leaked e-mail from the CEO Elon Musk to employees saying that “the quarter looked super tight to break even”. This could be crucial as Tesla could be included in the S&P500 index but 4 consecutive profitable quarters are one of the conditions and the company already has 3 such quarters under its belt. Tesla is expected to report second quarter car deliveries this week.

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