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American stock market crazy! Tesla closed up more than 13% to a record high, with a market value of more than $250 billion

via:驱动之家     time:2020/7/7 8:01:37     readed:89

No matter how bad the outside world is, Tesla has made a good counterattack in its share price and market value.

Last night, US stocks were crazy( U.S. stocks closed higher Monday, leading the rise in technology stocks. The Dow closed at about 460 points higher and the Nasdaq closed at a record close), as Tesla's share price continued to soar, rising 13.48 percent to $1,371.58, a record high of $254.3 billion.

According to a report from an investment bank, the target price of Tesla has been raised to $1500, which is the most optimistic investment bank on Wall Street. The target price given by JMP securities is based on Tesla's $100 billion revenue trajectory by 2025.

U.S. stocks are crazy now, but if Tesla can deliver more than 90,000 cars in a challenging quarter, there is no reason the company can not deliver 130,000-140,000 vehicles in a single quarter by the end of this year, industry figures say.

Earlier, Tesla CEO musk announced that it would expand production in Asia outside China. Tesla overtook Toyota as the world's largest car company by market value on Wednesday, and on Thursday also reported that it delivered 90650 electric vehicles in the second quarter, far exceeding market expectations.

Some foreign media believe that behind the abnormal U.S. stocks, it is also dangerous because one of the driving forces of the market is retail investor activity


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