By Chuck Mikolajczak
NEW YORK (Reuters) – Tesla (TSLA) shares climbed to a file excessive of $415 on Wednesday, surpassing its earlier excessive of $414.50 set greater than three years in the past as the electrical car maker prolonged its rally following the U.S. presidential election .
Tesla shares beforehand hit a file excessive on November 3, 2021, however a roughly 65% rise because the November 5 election has taken the inventory to new highs as traders anticipate the corporate to profit from CEO Elon Musk’s relationship with the president-elect. Donald Trump.
Tesla China mentioned late Tuesday the automaker offered 21,900 electrical automobiles on the earth’s second-largest financial system for the primary week of December, its highest weekly gross sales within the fourth quarter of this yr.
Tesla shares rose 3.1% to $413.26 on the session.
(Reporting by Chuck Mikolajczak; modifying by Alden Bentley and Chizu Nomiyama)
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