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Why Tesla Stock Jumped Tuesday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) jumped on Tuesday, rising 6.5% as of 11:10 a.m. EST.

The gain follows one analyst's decision to significantly increase his 12-month price target for the stock based on the company's recent execution and his expectations for more sharp sales growth from the electric-car company in the coming years.

Image source: The Motley Fool.

Source Fool.com

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