Shares of Tesla (NASDAQ: TSLA) popped on Tuesday, rising as much as 9.4%. At 11:16 a.m. EDT today, the stock was up 6.2%.

The stock's gain comes as the overall market was up nearly 2% and as other automakers' stocks rose sharply. In addition, there was positive news on Tesla's product plans in China.

Tesla CEO Elon Musk. Image source: Tesla.

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Source Fool.com