(Bloomberg) — Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months.The stock, which touched a low of about $350 in March, has almost quintupled since then and briefly crossed $2,000, nearly 10 times the level it was trading at this time last year. Tesla shares jumped as much as 6.6% on Thursday, reaching the all-time intraday high. The stock has closed at records on three of the past four trading days.The relentless rally led Tesla to split the stock in order to make it …read more
Source:: Yahoo Finance
