Tesla shares rise above $1,000 due to Semi Truck Manufacture

June 10, 2020

Tesla CEO Elon Musk announced via a leaked email to his employees that it was time to ‘go all out’ on the manufacturing and production of the Tesla Semi. This electric Class 8 truck was revealed nearly 3 years ago as well as the second edition of the Tesla roadster. 

Due to this confirmation of production Tesla shares rose more than 6% Wednesday morning to beat the $1,000 mark. The total valuation of the company is now estimated at around $187 billion.

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