- Oops!Something went wrong.Please try again later.
Shares of electric car maker Tesla TSLA rallied on Thursday, closing up almost 6.56% to $2,001.83 per share.
Investor optimism has been fueling the stock since Tesla announced a 5-for-1 stock split last week. Each shareholder of record as of August 21 will get a dividend of four additional shares of common stock for each then-held stock.
TSLA snapped a five-day win streak on Wednesday, but still gained 37% during that period. Shares are up more than 378% year-to-date, and have gained 782.5% in the past 12 months.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research