Tesla shares surge, hit $1,000 for first time


Tesla was a star on Wall Street, Wednesday, as investors threw their weight behind the electric carmarker and drove its share price above $1,000 for the first time.Tesla shares surged 7.5%, to reach as high as $1,011.65 shortly after trading began. Enthusiasm for Tesla was stoked by a report from Reuters which cited a memo to company employees from Chief Executive Elon Musk in which Musk said the company was ready to begin “volume production” of its electric semi truck.Tesla debuted its electric semi in 2017, but has only produced a limited number of the trucks. In his memo, Musk said Tesla ha…

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