Tesla Stock Price Soars to Record Highs

Tesla's stock price has been on a tear lately, hitting a new record high of $1,229.91 on Monday.

The surge in Tesla's stock price is due to a number of factors, including the company's strong earnings report, positive analyst ratings, and the growing popularity of electric vehicles.

Tesla's stock price has been on a steady upward trend over the past year. In January 2023, the stock was trading at around $850 per share. By March 2023, the stock had risen to over $1,000 per share. And by May 2023, the stock had hit a new record high of $1,229.91.

Tesla's stock price is expected to continue to rise in the coming months. Analysts are predicting that the stock could reach $1,500 per share by the end of 2023. This would represent a significant increase over the current price of $1,229.91.

The surge in Tesla's stock price is good news for investors who have been holding onto the stock for a long time. It is also good news for the company, as it will give Tesla more financial flexibility to invest in new products and technologies.