Why Tesla Outperformed Again Today

Shares of Tesla (NASDAQ: TSLA) jumped 5.5% early Monday morning before settling back with a gain of 2.9% as of 1:30 p.m. EST, as the market sharply reversed early gains. 

Over the weekend, Tesla announced it delivered 499,550 vehicles in 2020, slightly missing the highly publicized goal of 500,000. The company did produce almost 510,000 vehicles, however, and said that final delivery data may vary by about 0.5% when paperwork is finalized and reported with fourth-quarter results. 

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Source Fool.com