Shares of electric-car company Tesla (NASDAQ: TSLA) jumped on Tuesday, rising as much as 8.5%. As of 11:34 a.m. EST, however, this sharp rise had moderated to a gain of 2.8%.
The stock's rise today follows an analyst's decision to upgrade his rating on the electric-car maker's stock from market perform to outperform.
A Tesla Model 3. Image source: Tesla.
Source Fool.com