For the first time in history, Tesla’s stock price exceeded $ 500. Six months ago, the company was half the price

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The price of shares of electric vehicle manufacturer Tesla on the stock exchange on January 13 for the first time in the company’s history exceeded $ 500. Since the opening of trading, the share price has increased by 10%, at the time of writing the note, it is 525 dollars.

In less than a month, Tesla shares rose 20% – this happened against the background of the start of deliveries of Tesla 3 to buyers from China. These models are assembled at the company’s factory in Shanghai, which was opened only a year ago, the only one outside the United States.

Tesla’s total capitalization now exceeds $ 91 billion, which, according to Techcrunch, is more than the capitalization of Ford and General Motors combined.

Over the past eight months, the value of Tesla shares has tripled – at the end of May 2019 they cost $ 177 apiece, and in the summer and early autumn their price was around $ 250.

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