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Why Tesla Stock Rallied Today


Shares of Tesla (NASDAQ: TSLA) rose on Monday after CEO Elon Musk said the electric vehicle (EV) maker's Model S Plaid luxury sedan is likely to make its debut in China in March. 

By the close of trading, Tesla's stock price was up 1.7%, after rising as much as 5.7% earlier in the day. 

"Model S Plaid is sickkkk!!!!," Musk said on Twitter early Monday morning. That led to a question asking when the new luxury vehicle would arrive in China. Musk replied, "Probably around March." 

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Source Fool.com

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