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Why Tesla Stock Jumped Monday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) jumped on Monday, 9% as of 12:00 p.m. EST.

Shares are likely rebounding from a sharp pullback in late February. In addition, a report that the automaker may be aiming for North American sales in Q1 similar to the strong sales it achieved in Q4 may be driving some investor optimism for the stock.

Tesla Cybertruck. Image source: Tesla.

Source Fool.com

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