Why Tesla Stock Soared More Than 40% in 2023's Opening Month and Is Still Climbing

Tesla (NASDAQ: TSLA) stock gained 40.6% in January, according to data from S&P Global Market Intelligence. The electric vehicle company's share price gained ground in conjunction with positive momentum for the broader market, better-than-expected fourth-quarter results, and other developments that the market interpreted as bullish indicators for future performance. 

TSLA data by YCharts

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Source Fool.com