Gerber Kawasaki CEO Ross Gerber discusses the electric-car maker’s shares.
Tesla on Wednesday crossed $100 billion in market valuation for the first time, further extending its lead over Ford and General Motors.
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The electric-car maker has seen its stock more than double in the last three months, fueled by a rare quarterly profit in October, news of a production ramp-up in its China factory and better-than-expected annual car deliveries.
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Shares of the company were up 3.7 percent at $567.50 in early trading.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 581.52 | +34.32 | +6.27% |
| F | FORD MOTOR COMPANY | 9.20 | -0.01 | -0.11% |
| GM | GENERAL MOTORS COMPANY | 35.00 | +0.01 | +0.02% |
