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10/25, 8:09 PM (Source: TeleTrader)
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Tesla soars 10% to new record high, tops $1,000

Stocks of Tesla Inc. extended gains on Monday, surging over 10% and surpassing the $1,000 threshold for the first time.

The optimism, boosted by Hertz's announcement of a 100,000-vehicle procurement deal, helped the company's market value jump over the $1-trillion mark.

Shares of Tesla skyrocketed 10.42% at 2:10 pm ET, selling for $1,004.79.

Breaking the News / BU