Tesla Stock Rallies 10%

Video Credit: Wochit News
Published on September 9, 2020 - Duration: 00:34s

Tesla Stock Rallies 10%

On Wednesday, Tesla shares rallied as much as 10%.

The rally added about $32 billion in market value to the company.

Other tech stocks like Apple, Amazon were also in the green after the Nasdaq tumbled a record 10% in three trading days.

On Tuesday, Elon Musk's Tesla saw its stock price plunge 21%, erasing $82 billion from its market capitalization.

Business Insider reports that Tesla completed a $5 billion share sale and a five-for-one stock split last week.


You are here

Related videos from verified sources

Tesla Drops Over 5% 00:33
Video credit: Wochit - Published on September 23, 2020 

Pops and Flops: Carvana, Tesla, and GameStop Stock 05:14
Video credit: Cheddar Inc. - Published on September 22, 2020 

Pops and Flops: Tesla, Beyond Meat, and Foot Locker Stock 05:57
Video credit: Cheddar Inc. - Published on September 18, 2020 

You might like