Why Tesla Stock Jumped on Thursday

Shares of Tesla (NASDAQ: TSLA) jumped on Thursday. The growth stock was up 3.3% as of 12:50 p.m. EDT.

The stock's gain comes after the company reported better-than-expected third-quarter results, featuring non-GAAP (adjusted) earnings per share that more than doubled year over year.

Model Y. Image source: Tesla.

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Source Fool.com