Tesla is on a tear and reaches a 52-week high

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Tesla is on a tear and reaches a 52-week high
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Today's high surpassed intraday highs reached when CEO Elon Musk sent his infamous 'funding secured' tweet in August 2018.

Soon after the market opened Wednesday, Tesla shares shot up more than 2% to a 52-week high of $388.15 per share.

Tesla stock has climbed almost 60% this quarter after the company reported a surprise third-quarter profit.Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019.stock reached a 52-week high Wednesday and is on pace to reach highest price ever.

Soon after the market opened Wednesday, Tesla shares shot up about 2.4% to $388.15 per share, surpassing intraday highs reached when CEO Elon Musk sent his infamousThe stock wavered Wednesday just below its intraday all-time high of $389.61 before dwindling slightly. Tesla stock has climbed almost 60% this quarter afterTesla's new Gigafactory in Shanghai, and the company's first outside the U.S.

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