Shares in Tesla hit a new high on Jan. 8, reaching $497 at 2:11 p.m. ET. That values the electric-car maker at $89 billion, higher than all automotive manufacturers except Volkswagen and Toyota Motor.
On Jan. 3 Tesla announced that it delivered 112,000 vehicles in the final three months of 2019. That took its total for the year to 367,000, just beating the lower end of Chief Executive Elon Musk’s target range of 360,000 to 400,000 vehicles.
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