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Tesla chair on CEO Elon Musk's promises: Setting 'audacious goals' drives success


Robyn Denholm

Source: Telstra

Tesla CEO Elon Musk‘s “audacious goals’ have helped drive the company’s success, board chair Robyn Denholm told CNBC on Friday.

Denholm’s remarks come two days after the company reported a surprise third-quarter profit and told shareholders it is ahead of schedule with a new factory in Shanghai.

Shares spiked more than 20% after hours Wednesday. The stock closed Thursday at $299.68, a 17.67% increase.

Ark Investment Management founder and CEO Catherine Wood told CNBC that Thursday’s surge in Tesla stock is just the beginning of an eventual rise to $4,000 per share and possibly beyond.



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