Why Tesla's Stock Roared Back to Life Today

At first, it looked like Wednesday was going to be another awful day for Tesla (NASDAQ: TSLA). Mere seconds after trading began, this purported growth stock was down another 3.5% as investors continued to try to front-run an anticipated sale by CEO Elon Musk of 10% of his Tesla shares.

That's the bad news. The good news is that Bank of America just stepped in to save the day for Tesla investors. As of 9:45 a.m. EST, the stock is up 3% -- and climbing.

Image source: Getty Images.

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Source Fool.com