Why Tesla Stock Jumped on Monday
Shares of electric vehicle company Tesla (NASDAQ: TSLA) jumped sharply on Monday, climbing as much as 4.5%. As of 12:30 p.m. EDT today, the stock was up 4%.
The stock's gain was likely fueled primarily by bullish commentary from New Street analyst Pierre Ferragu.
Tesla's Model Y. Image source: Tesla.
Source Fool.com