Tesla has become the most expensive American automaker

On Wednesday, January 8, the price per share of Tesla reached a record high of $ 492.14. Over the past three months alone, the company’s shares have more than doubled, which is explained by good deliveries in the fourth quarter of 2019 and the launch of production at a new plant in China.

According to Reuters with reference to MainStay Capital Management, Tesla has yet to solve several problematic issues, including with stable profitability and the fact that the company is valued for the most part as technological rather than automotive.

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