Tesla was added to the Nasdaq-100 Index, which tracks the biggest companies on the Nasdaq, before the start of trading on Monday. It replaced Oracle, which joined the New York Stock Exchange.
The electric car maker is enjoying quite a boom right now, having recently been named ''Best Car of All Time'' by Consumer Reports, outsold the Chevrolet Volt, Nissan LEAF and even the Mercedes-Benz S-Class in the U.S., and reported profits of $11.2 million in the first quarter of 2013 (its first profits in 10 years of existence).
In fact, Tesla's stock has surged 264% this year, while the current leader in the Nasdaq-100, Netflix, has gained 166%.
After selling more than 4,900 units in Q1, Tesla has now increased the anticipated production of 20,000 units to 21,000 for 2013.
Sources : www.bloomberg.com
The electric car maker is enjoying quite a boom right now, having recently been named ''Best Car of All Time'' by Consumer Reports, outsold the Chevrolet Volt, Nissan LEAF and even the Mercedes-Benz S-Class in the U.S., and reported profits of $11.2 million in the first quarter of 2013 (its first profits in 10 years of existence).
In fact, Tesla's stock has surged 264% this year, while the current leader in the Nasdaq-100, Netflix, has gained 166%.
After selling more than 4,900 units in Q1, Tesla has now increased the anticipated production of 20,000 units to 21,000 for 2013.
Sources : www.bloomberg.com
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| Photo: Sébastien D'Amour |