Tesla wins ‘applause’ from Wall Street, stock tops $800

Tesla Inc. earned kudos from investors for tapping capital markets this week, with the stock holding above $800 and looking at an 11th week of gains. Tesla (TSLA) earlier this week offered to sell $2 billion in common stock even though company executives had dismissed that possibility only a few weeks before. “Our applause for issuing equity,” analysts at Evercore ISI said in a note Friday.