Why Tesla Stock Finally Bounced Today

Shares of electric vehicles leader Tesla (NASDAQ: TSLA) broke a three-day losing streak on Monday, bouncing back a respectable 2.3% as of 12:05 p.m. ET.

The company announced today that it will resume production at its Shanghai gigafactory as early as tomorrow at levels prior to the recent COVID-19 lockdowns there.  

Image source: Getty Images.

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Source Fool.com