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Added on the 02/08/2018 08:20:32 - Copyright : Wochit
Miami (USA), Aug 16 (EFE / EPA) .- (Camera: Cristobal Herrera) Yucef Merhi presents his new exhibition 'Open' in Miami.FOOTAGE OF THE EXHIBITION AT MIAMI'S BONNIE GALLERY.
On Friday, Tesla climbed as much as 8.4%. That's the 11th straight day of gains as the automaker's massive rally continues into the new year. The billionaire investor Chamath Palihapitiya said Thursday that Tesla's market cap stood to triple from its already lofty levels. Investor Michael Burry told Tesla bulls in a tweet on Thursday that they should enjoy the rally "while it lasts."
On Monday, Tesla stock climbed as much as 5%. Business Insider reports that Tesla's market capitalization is north of $700 billion. Elon Musk's company exceeded its production target of 500,000 vehicles last year. The company has fallen just short of 500,000 deliveries. "So proud of the Tesla team for achieving this major milestone!" Musk tweeted about the news. Tesla's stock price soared by more than 740% in 2020.