Tesla shares have been growing throughout the past year, and this year the dynamics have not changed: on the first day of trading in 2021, Tesla securities rose in price by about 5% and reached $ 740 and even a little higher. And although now the share price has corrected and is at the level of $ 730, this was enough for the company’s capitalization to come close to the $ 700 billion mark.
If at the end of last year the value of Tesla grew due to the decision of the S&P Dow Jones Indexes committee to add the company’s shares to the S&P 500 index, now the news about Tesla’s auto deliveries is clearly playing out: recall that in 2020 the company achieved a rather ambitious goal of 500,000 cars delivered to buyers. Obviously, the company has more ambitious plans for this year, which is highly valued by investors, because Elon Musk does not throw words to the wind.
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