Tesla reaches all-time high $420 stock price, and Elon Musk makes a weed joke about it

Tesla shares (TSLA) yesterday briefly reached a level never seen before for the stock, except in Tesla CEO Elon Musk’s controversial tweet from over a year ago. In that tweet, Musk said that funding had been secured to take Tesla private at $420 a share, something which never materialized.

After climbing to as high as $422.01, Tesla shares eventually finished the day at $419.22, up 3.4%. The stock has gained more than 73% over the last three months alone.

To celebrate the milestone $420 share price, Musk went to Twitter and had a little fun making a reference to his now infamous appearance on the Joe Rogan podcast where he lit up a joint with the host Joe Rogan.


According to a 2019 SEC filing, Musk owns roughly 38.6 million shares of Tesla. At current prices, that makes Musk’s shares worth over $16 billion. That’s an increase of nearly $10 billion over a few short months, when shares bottomed out at as low as $176.99 back in June 2019.

Previous Article

With one week to go in Q4 2019, Tesla is in ‘intense’ mode to deliver as many vehicles as possible

Next Article

Deep River Ontario Supercharger a little late to join the party, but now open

You might be interested in …

Blue Cruise courtesy of Ford

Consumer Reports rates Ford’s Blue Cruise as top active driving assistance system over GM’s Super Cruise, Tesla falls to 7th

The battle for supremacy in the auto industry is extending beyond the car itself. Manufacturers now compete with add-ons that extend the car’s usefulness. One such add-on is driver assistance systems, and Consumer Reports have […]