Why Tesla Stock Jumped on Monday
Shares of electric-car maker Tesla (NASDAQ: TSLA) are soaring on Monday, up about 9.6% as of 12:23 p.m. EDT.
The stock's big jump is likely fueled by a combination of some bullish analyst commentary, progress on construction at the automaker's factory in Shanghai, and CEO Elon Musk's teaser of an upcoming event.
Image source: Tesla.
Source Fool.com