Tesla stock isn't stopping right now, with the electric vehicle giant seeing its stock hit a record high, breaching $2000 on Thursday.
The increase in Tesla stock prices jolted the market capitalization to $370 billion,with Tesla silently driving upwards into its five-for-one stock split that comes on August 21, where it gets distributed to anyone who has Tesla stock.
Once this happens, it could see Tesla be included in the S&P 500 stock index, where if Tesla can secure a place in the S&P 500, funds that track the index are required to buy Tesla shares. We all know what happens from there, Tesla shares continue to skyrocket.
Tesla started off the week at $1680 and has surged through to $2000 and beyond, we are in for an interesting next 24 hours and then over the next week at this rate.
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