Tesla Shares Rise as Company Reports Increased Production
July 11, 2019
Tesla shares rose in trading on Wednesday after a report that the electric automaker will raise output at its factory in California.
July 11, 2019—Tesla shares rose in trading on Wednesday after a report that the electric automaker will raise output at its factory in California, reported CNBC.
Tesla stock rose 2 percent from Tuesday’s close of $230.06 a share.
The company’s automotive president Jerome Guillen said in an email to employees that Tesla is “making preparations” to increase production, according to Bloomberg.
He reportedly said Tesla “hit new records in all production lines for output and efficiency” during the second quarter of this year, while at the same time “quality is also reaching record highs.”
We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...
Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...
