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Why Tesla Stock Just Popped 5%

TheMotleyFool

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Why Tesla Stock Just Popped 5%: https://g.foolcdn.com/editorial/images/770700/map-of-italy-under-a-magnifying-glass.jpg

Shares of World No. 2 electric vehicle (EV) stock (NASDAQ: TSLA) jumped 5.2% through 10 a.m. ET Tuesday, despite Bernstein cutting the stock's price target to $120 per share. Bernstein cited soft demand for Tesla's EVs as its reason for lowering the price target, reducing predicted Tesla car sales, and maintaining its sell rating.

So why is Tesla up despite this news?

Because Italy.

Source Fool.com

Tesla Inc Stock

Tesla Inc shows a slight decrease today, losing -€1.050 (-0.520%) compared to yesterday.
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.

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