In the U.S. They are Buying Tesla Stocks after Jaw-Dropping Sales Record

Investors are pouring money into Tesla (NASDAQ: TSLA) – perhaps after Apple broke the record to become the first t$3 trillion company.

The company’s stock got a boost following the release of unit sales data for the fourth quarter and the full year of 2021. Tesla closed Monday at $1199.78 following heavier-than-normal volume.

Ahead of analyst expectations, on Sunday Tesla says its vehicle delivery for the fourth quarter of 2021 is 308,600 worldwide.

The company says for the full year it delivered 936,000 vehicles, up 87% over 2020.

Currently, MarketBeat analyst data analysts say Tesla’s price target is in a range of $1,100 to $1,400.

In 2021, Tesla earned a 49.76 percent return. Its market capitalization is now $1.2049 trillion, and it joins a handful of U.S.-listed stocks in the trillion-dollar bracket.