Tesla Reaches High as Investors Anticipate Foreign Sales
This article is for subscribers only.
Tesla Motors Inc., the youngest and smallest publicly traded U.S. automaker, wants its Model S to qualify for China’s electric car subsidies that the government said will remain more valuable than initially planned.
The shares rose 6 cents to a record close of $196.62 in New York, the highest since the Tesla’s June 2010 market debut.