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Tesla (TSLA) stock hits a new all-time high above $420/share

Tesla's previous all-time high was $414.49/share in 2021.

Donovan Erskine

December 11, 2024 1:10 PM

Tesla

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While we’re still over a month away from Tesla’s (TSLA) next financial earnings report, the company’s stock has seen some positive activity over the past several weeks. After continuously climbing in value, Tesla stock reached over $422 per-share, a new all-time record for the electric vehicle company.

Tesla stock was valued at $422.13 late this afternoon. That represents a new high for the company’s stock, which previously peaked at $414.49 three years ago.

Tesla stock has risen exponentially since the 2024 Presidential Election. The stock saw a sharp rise on Election Day, in which Donald Trump, the candidate that Elon Musk publicly endorsed and monetarily supported, was elected to be the next President of the United States. It was then announced that Musk would be given a job overseeing a new department in the US Government.

It’ll be interesting to see how Tesla’s stock is impacted when the company reports its latest quarterly earnings next month. For all things Tesla, stick with us here on Shacknews.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_