Why Tesla Stock Edged Higher on Thursday

Shares of Tesla (NASDAQ: TSLA) rose 2.1% at one point on Thursday. As of 12:45 p.m. EDT, however, the stock was up 1.3%.

The stock's gain is likely driven by a generally bullish day for many growth stocks, as well as news circulating about strong deliveries coming from Tesla's China factory in July.

Image source: The Motley Fool.

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Source Fool.com