Tesla Shares Top $1,000 Again on Musk’s Break-Even Optimism

(Bloomberg) — Tesla Inc.’s stock price climbed back above $1,000 after Chief Executive Officer Elon Musk suggested the electric-car maker may be able to avoid a second-quarter loss.“Breaking even is looking super tight,” Musk wrote in an email to employees obtained by Bloomberg and first reported by Electrek. “Really makes a difference for every car you build and deliver. Please go all out to ensure victory!”Tesla shares surged 5.2% on Monday to close at $1,009.35. The stock has soared 141% this year, putting its market capitalization on course to rival Toyota Motor Corp., the most valuable automaker in the world …read more

Source:: Yahoo Finance

      

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