Why Tesla Stock Moved Higher on Monday

Shares of Tesla (NASDAQ: TSLA) edged higher on Monday. The electric-car maker's stock climbed as much as 2% at one point during the trading day.

The growth stock's gain came was likely due to both a bullish day in the overall market and an upbeat note from an analyst who covers the Tesla shares.

Manufacturing at Tesla's factory in Fremont, California. Image source: The Motley Fool.

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Source Fool.com