Shares of the company, which is already valued more than Ford Motor Co and General Motors Co combined, were up 4.8% at $573.20 in early trading. The milestone comes less than a month after Tesla’s stock crossed $420, the price at which Chief Executive Officer Elon Musk had tweeted he would take the electric-car maker private. Tesla’s market value also puts Musk a step closer to earning the first $346 million tranche of options in a record-breaking pay package. …read more
Source:: Yahoo Finance
