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Why Tesla Stock Jumped on Monday


Shares of electric car company Tesla (NASDAQ: TSLA) jumped on Monday. The stock was up 3.9% as of 10 a.m. EDT.

The growth stock's gain was driven by the company's better-than-expected third-quarter vehicle deliveries. Record deliveries during a challenging operating environment put the spotlight on the company's strong execution recently.

A Tesla Model 3. Image source: Tesla.

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Source Fool.com

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