Tesla stocks show rapid growth at 5% premarket, the company’s market capitalization reaches new heights.
@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.
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.
Source: IGSquawk / Optionsgod