Tesla stocks show rapid growth at 5% premarket, the company’s market capitalization reaches new heights.

Tesla Stocks (TSLA) Premarket Company
Tesla Stocks / Credit: Zigres _ Shutterstock

@IGSquawk channel reports that the price of Tesla shares is growing by almost 5% before the start of the main trading session.

According to him, this means that now the company’s market capitalization has reached $300 billion. If the growth trend continues during the main trading session, Tesla will set a new record for market capitalization.

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On European markets, a new frontier was already crossed several hours ago. According to @OptionsGod Twitter channel, on the Frankfurt Stock Exchange, the price of Tesla shares has already reached $1,626.

For several weeks now, Tesla has shown incredible growth. Despite the increase in the number of short positions, during the last week, TSLA shares rose first to $1,400 and then to $1,500, leaving behind all short sellers with more than $18 million losses.

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Source: IGSquawk / Optionsgod

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