Tesla Stock Rises 6% To Another HighTarget Stock Up

Elon Musk-led U.S. electric vehicle maker Tesla shares have hit a new all-time high every day.

Tesla closed at $463.02 on the New York Stock Exchange, up 6.14% from the previous session, and rose to $463.19 during the session, reaching a 52-week high, both closing and closing prices of the day's high since Tesla's listing.

Tesla shares reached a new three-year and one-month high of $424.77 on the 11th and closed again at $436.23 on the 13th, continuing a strong rise.

Tesla shares began to soar after Musk, who was a major backer after Trump's presidential victory last month, emerged as Trump's closest ally, and the stock price has risen to 84% since the 6th of last month.