Tesla market value tops $700bn for first time

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Tesla market value tops $700bn for first time eNCA

, just shy of its 2020 target of half a million, but well above analyst estimates.

While industry analysts do not expect another massive surge in value this year, they remain optimistic about the company's sales prospects, even if the cars remain out of reach for many buyers.The optimism comes as construction continues on new Tesla factories in Texas and Germany, which will join existing plants in California and Shanghai that are ramping up production.

 

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