Recently, Tesla (TSLA) has gained the status of the world’s most valuable auto manufacturer after its stock value recorded a new high of $1,000 per share. Tesla has beaten up the market value of Toyota to achieve this position. In the past few years, Tesla has been working hard to reach the upper echelons of Automakers.
Tesla has gained widespread acknowledgement for its tech-like approach automotive business and being more than just Automaker owing to its growing energy division.
Tesla stock value has increased by $75.93 to hover around $1,160. The stock value increased by 5 per cent on June 10 after Tesla’s Founder Elon Musk confirmed that he is preparing to start the mass production of semi-truck. In one of his tweets, he said, “Yes” to a question on Twitter about whether the report of the leaked Semi truck production email was accurate”.
The confirmation was anticipated as he had previously mentioned his plan to produce electrically charged hauler in 2017.