Tesla stock price breaches $1,200.00

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Source: Dukascopy Bank SA


Already during Monday's US trading hours, the stock price for Tesla reached above the $1,200.00 mark. The stock price has been surging rapidly since the announcement that Hertz could order up to 150,000 Tesla automobiles.

Moreover, note that Dukascopy Analytics reported that Morgan Stanley put the 1,200.00 as a price target for the company's stock on October 25. Since October 25, the stock price has surged 26.39%.

In addition, note that the stock price has been surging since May 19. In total, the share price has gained 121.19%.

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