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Tesla Shares Up After Rewarding Earnings Report


Tesla shares are up 8% and hit a high of $215.21 today. The surge comes after the company announced it's 2014 deliveries forecast and beat fourth quarter expectations.

Telsa is expecting weekly production to go up to 1,000 Model S vehicles from 600. The company is also expecting 55% growth in vehicle delivery for 2014 and seeing production at 7,400 cars in the first quarter.

Before the earnings report was released Tesla.  shares were up off of speculation Apple would buy Tesla.