Tesla stock price breaches $1000 for the first time in history

Tesla Motors is getting awfully close to Toyota as the most valuable car company in the world.

34 seconds read time

Tesla Motors share prices have enjoyed a new record high, breaching the $1000 barrier and sitting at $1025 at the time of writing providing the company with a huge $190 billion market cap.

Tesla stock price breaches $1000 for the first time in history 03

The company is ramping up production of its Semi commercial truck, with a recent tweet from Tesla founder and CEO Elon Musk teasing that "volume production" was indeed happening. This helped boost Tesla stock prices past $1000, on top of a new call from Wedbush Securities that has boosted its target price to $1000 and said the EV giant could have "more room to run".

Tesla is hosting its Battery Day soon, where it is expected to unveil a "game-changing" battery technology announcement that could drive Tesla stock past $1500 -- and far past its main competitor in Toyota for the title of the world's most valuable car company.


Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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