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Tesla crosses US$100 billion stock market valuation in extended trading

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Tesla Inc became the first US$100 billion (77 billion pounds) publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall ...

REUTERS: Tesla Inc became the first US$100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street's confidence in an all-electric future.

Tesla shares were last up 1.4per cent at US$555 after the bell, building on a 7.2per cent gain during trading when brokerage New Street Research raised its price target to US$800.

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