Why Tesla Stock Is Bouncing Back Today

(NASDAQ: TSLA) shares sank more than 4% yesterday. But the stock of the electric vehicle (EV) leader is rebounding today.

Yesterday's sell-off was triggered by what looked like a massive vehicle recall on the surface. But a more detailed analysis showed there was much less to the story. And Tesla's technology will help address the issue.

That's why shares are bouncing back today -- investors are back focusing on Tesla's technology. After jumping as much as 5.4% this morning, Tesla stock was still trading higher by 3.6% as of 10:55 a.m. ET.

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Source Fool.com