Tesla Shares Soar 40 Percent in IPO

Tesla Motors shares closed a whopping 40.53% higher than their starting price of $17 a share in their first day of trade. Trading in Tesla’s shares on New York’s Nasdaq opened at $19 on Tuesday, 12% above the $17 offer price, before closing up 40.50 per cent at $23.89. Tesla on Monday boosted the share […]