Tesla Inc TSLA shares are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.
The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 0.75% and 1.0%, its first rate hike of at least half a percentage point in more than 20 years. The Fed also said it will begin reducing the size of its balance sheet starting on June 1… Read More
Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles.
According to data from Benzinga Pro, Tesla has a 52-week high of $1,243.49 and a 52-week low of $546.98.