In BriefAfter a strong showing at the annual shareholder's meeting earlier this week, the stock prices for Tesla have once again skyrocketed. Also, the company has found itself on the Fortune 500 list for the very first time.
It’s been a great week for Tesla. The company has been enjoying favorable coverage in the news cycle — from its highly successful launch of pre-orders for their solar roofing technology to a number of exciting developments they announced at their shareholder’s meeting. Now, the company’s stock prices are reaping the benefits: Fred Lambert at Electrek reports that as of Thursday, Tesla’s stock reached an intraday high of $360 per share — setting the valuation of the company at $60 billion.
This healthy trend has led to the company being added to the Fortune 500 list for the first time. Currently, Tesla is listed at the 383rd position on the list.