01-04-2016 13:42 via news.yahoo.com

Tesla shares surge as Model 3 orders speed past estimates

(Reuters) - Shares of Tesla Motors Inc jumped as much as 9 percent before the opening bell on Friday and were set to open at their highest in six months after the electric car maker said orders for its new Model 3 sedan had sped past 130,000 in the first 24 hours. The Model 3, Tesla's first car aimed at the mass market, was unveiled by Tesla Chief Executive Elon Musk on Thursday. A survey by brokerage Evercore ISI ahead of the unveiling showed that investors had expected about 55,000 orders duri
Read more »