Tesla shares reach all time high
Tesla shares grew over 2% on Friday setting an all-time high ahead of the company’s inclusion to the S&P 500 next week.
Tesla will represent roughly 1% of the S&P 500’s market capitalization once trading starts on Monday, which has led to all kinds of speculation on the number of institutional buying tailwinds for the stock.
Shares in the electric vehicle maker have jumped almost 700% since the start of the year, hitting all-time highs on Friday, rising by 2.07% to $669.33 at 12:35 pm ET.
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