Tesla Stock Tops $190; Market Cap Rises Above $23 Billion
SEP 28 2013 BY ERIC LOVEDAY
The roll that Tesla Motors is on seems to be never ending.
On Friday, Tesla Motors stock (TSLA) once again eclipsed a new milestone: $190.
The price for TSLA opened the day at $187.52, but peaked at $191.28.
TSLA stayed in the $190 range for most of the day.
Market cap, which is what Tesla will likely draw from to speed development of Gen III, is now over $23 billion.
At $23.09 billion, Tesla is now valued at nearly half of what General Motors is ($53.98 billion).