Why Tesla Stock Jumped on Monday

1 min read

Shares of Tesla (NASDAQ: TSLA) are trading higher today. The electric car maker’s stock jumped as much as much as 5.7%. As of 1 p.m. EST, however, the stock was up 4.9%.

The growth stock‘s gain is likely driven by both an upbeat day for the overall market and an analyst’s move to more than double their 12-month price target for Tesla shares.

The recently refreshed interior of Tesla’s Model S. Image source: Tesla.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

How Safe Is B&G Foods and Its Dividend?

Next Story

Why Churchill Capital Stock Gained Again Today

Latest from Blog