Why Tesla Stock Jumped on Wednesday, Crossing $1,000 for the First Time
Shares of Tesla (NASDAQ: TSLA) surged higher on Wednesday. As of 10:00 a.m. EDT, the stock was up more than 6%, slightly over $1,000 for the first time.
The growth stock's gain follows an analyst's decision to increase his 12-month price target for shares to $1,000. Further, last night an email from Tesla CEO Elon Musk to employees leaked: It says the company wants to begin working toward volume production of its Tesla Semi.
Image source: Tesla.
Source Fool.com
