Why Tesla Stock Jumped on Monday

Shares of Tesla (NASDAQ: TSLA) are trading higher today. The electric car maker's stock jumped as much as much as 5.7%. As of 1 p.m. EST, however, the stock was up 4.9%.

The growth stock's gain is likely driven by both an upbeat day for the overall market and an analyst's move to more than double their 12-month price target for Tesla shares.

The recently refreshed interior of Tesla's Model S. Image source: Tesla.

Continue reading

Source Fool.com