The stock market value of electric car maker Tesla rose above $ 800 billion for the first time. Tesla is thus continuing its advance on Wall Street unabated.
The stock gained more than 4 percent on Friday. On Thursday, Tesla rose 8 percent after analysts from RBC Capital Markets increased its investment advice for the American company.
Tesla CEO Elon Musk overtook Amazon founder Jeff Bezos as the wealthiest person on earth thanks to that price gain.
In 2020, the value of Tesla jumped by no less than 750 percent due to optimism among investors about the car company’s future.