Hyperdrive
Tesla Shares Top $1,000 Again on Musk’s Break-Even Optimism
- CEO sends latest email to rally staff at the end of a quarter
- Profit on GAAP basis would make carmaker eligible for S&P 500
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Tesla Inc.’s stock price climbed back above $1,000 after Chief Executive Officer Elon Musk suggested the electric-car maker may be able to avoid a second-quarter loss.
“Breaking even is looking super tight,” Musk wrote in an email to employees seen by Bloomberg and first reported by Electrek. “Really makes a difference for every car you build and deliver. Please go all out to ensure victory!”