NEW YORK, Dec 11 (Reuters) - Tesla shares surged to a record high of $415 on Wednesday, topping the previous high of $414.50 set more than three years ago, capping a string of gains for the company after the U.S. presidential election.
Tesla shares had peaked on November 3, 2021 📅, but the massive increase of more than 65% since the November 5 election has helped push the stock to unprecedented levels 🚀💥, as investors expect the company to benefit from the close relationship between Elon Musk 👨🚀, the company's CEO, and Donald Trump, the US President-elect 🤝.
On the other hand, Tesla China announced on Tuesday its outstanding weekly sales 📊, as 21,900 electric vehicles 🚗🔋 were sold in the first week of December, which is considered its highest weekly sales level in the fourth quarter of this year 🔝.
In the latest update 📈, Tesla shares rose 3.1% to $413.26 in the last session 💸📅.
