Tesla Stock Hits the Most Important Short-term Milestone: $69B Market Cap

Tesla Stock Hits the Most Important Short-term Milestone: $69B Market Cap

That's right. 

 

It happened. 

 

As of today, Tesla hit a market cap of 69 billion dollars.

 

This is the most recent milestone on the way to a stock price of $420 per share. These goals, to some extent, are light-hearted jokes amongst investors, greatly fueled by Elon Musk and his rampant Twitter meme-ing. 

 

Tesla stock has been on an absolute bull run the past two weeks. Short interest has dropped heavily, likely contributing to the rise. 

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Christopher Larson

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