Tesla stock tops $900, Closes At Record

Tesla stock tops $900, Closes At Record

Tesla Inc. shares soared to a record close on Monday, benefiting from a risk-on sentiment gripping equity markets and a report that pinned the rally on vehicle sales in China.

Tesla TSLA, -0.02% stock gained more than 7% to a closing record of $949.92. That supplants a Feb. 19 all-time record of $917.42.

Tesla shares are up 127% so far this year, and up 365% in the past 12 months — they hovered around $200 just a year ago. The gains contrast with losses of 3.2% for Dow Jones Industrial Average…

Source: MarketWatch

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