Tesla Motor (TSLA) Surges 7% Higher
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Shares of Tesla Motor (Nasdaq: TSLA) are powering higher today. An article in the Wall Street Journal talking about the company's push into Japan could be contributing to today's strength.
CEO Elon Musk said he expects Japan to become the company's number two market.
"We do believe Japan will be our No. 2 country in terms of sales over time," Mr. Musk said at a press conference, the Journal noted. "Japan is a key market for the kind of product we produce."
Shares of Tesla are up 7 percent to $29.94 per share after tapping a new 52-week high of $30.45 earlier.
CEO Elon Musk said he expects Japan to become the company's number two market.
"We do believe Japan will be our No. 2 country in terms of sales over time," Mr. Musk said at a press conference, the Journal noted. "Japan is a key market for the kind of product we produce."
Shares of Tesla are up 7 percent to $29.94 per share after tapping a new 52-week high of $30.45 earlier.
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