10/25/2021, 4:57 PM (Source: TeleTrader)
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Chart for: Tesla

Tesla shares continue rally, top $970

Shares of Tesla Inc. accelerated gains on Monday, rising near 7% and topping $970 for the first time.

The optimism was backed by car rental company Hertz's announcement it has ordered 100,000 electric vehicles from Tesla, as well as by a report that the electric vehicle giant's Model 3 has become the first EV to rank first on Europe's new-cars sales list.

Tesla's stocks soared 6.65% at 10:55 am ET, selling for $970.81, after having climbed as high as $979.8 minutes earlier.

Baha Breaking the News (BBN) / BU