TSLA Hits All-Time High of $199.30

TSLA Hits All-Time High of $199.30

Today, Tesla stock soared to a record high of $199.30.

IT is widely expected of course that TSLA will rocket past $200 for the first time ever before the end of this week.

From open to the closing bell today, Tesla stock increased by nearly $10 (4 cents shy of 10 bucks, to be exact).

What's this mean for Tesla Motors?  For starters, those Model S fires that tanked the stock price now seem to be so far back in the past that they're forgotten.

More importantly, Tesla's market cap is once again nearing $25 billion.  We think the value of the company could (and will be) used by Tesla in the future to finish development of Gen III and get it to market.