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Old 07-20-2020, 12:44 PM   #1
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Default Tesla share rally propels some early fan investors to riches

Filed under: Earnings/Financials,Green,Tesla,Electric
Convinced of Tesla Inc's imminent meteoric rise, Orestis Palampougioukis, a Netherlands-based software developer, took out a 43,000 euro ($49,000) loan in early October to invest it all in the electric carmaker, which at the time was trading at around $230 a share. Since then, Palampougioukis' bet has paid off as Tesla's share price has increased more than six-fold, trading around $1,500 on Monday and surpassing every rival to become the world's highest-valued automaker. "To me it diContinue reading Tesla share rally propels some early fan investors to riches
Tesla share rally propels some early fan investors to riches originally appeared on Autoblog on Mon, 20 Jul 2020 13:57:00 EDT. Please see our terms for use of feeds.


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