Tesla Shares Over $200 For First Time Since Late October

Tesla Motors Inc TSLA shares are trading higher by $8.57 (4 percnet) at $201.00 in Tuesday's session.

Investors may be encouraged that the company is one of eight companies being represented at Trump Tech Summit. There is also news that Google may longer be building a self-driving car.

After a higher open, it retreated only $0.18 to $193.000 before continuing its move higher. So far, it has reached $201.19 and is attempting to remain in the $201 handle. That marks the highest level for the issue since it peaked on October 31 at $202.49.

It's attempting to post its first close over the the psychological technical level of $200.000 since October 27, when it ended the session at $204.01.