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Why Tesla Stock Went Up Again

TheMotleyFool

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A little over two weeks after it announced receipt of "conditional approval" to open its $5.5 billion gigafactory in the town of Grünheide near Berlin, Tesla (NASDAQ: TSLA) officially announced the factory's opening on Tuesday. Reports say that CEO Elon Musk literally danced in joy at the opening.

Investors are pretty happy, too, because today, Tesla stock is up 3.3% as of 11:05 a.m. ET.

Image source: Getty Images.

Source Fool.com

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