The automaker climbed as much as 5% on Friday, marking an eleventh consecutive day of gains for the stock. Tesla shares now sit about 18% higher year-to-date, already mirroring the massive returns seen throughout 2020.
The climb follows a nearly 8% leap on Thursday that saw Tesla overtake Facebook to become the S&P 500's. About 51.5 million shares traded hands, handily exceeding the stock's 10-day average volume of 38.1 million shares. Tesla's momentum and back-to-back record highs have divided some of the world's most famous investors. Billionaire venture capitalist Chamath Palihapitiya praised the stock's gains in a Thursday appearance on CNBC, telling investors the stock
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