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Why Tesla Shares Popped Today

TheMotleyFool

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Tesla (NASDAQ: TSLA) shares popped nearly 5% Wednesday morning after details surfaced from an invite-only investor conference. Shares were still 3.6% higher as of 1:37 p.m. ET.

The stock dropped yesterday when one electric vehicle (EV) sector analyst presented a case for why a formidable competitor might surprise investors. But those sentiments reversed today after reports started coming out on what Tesla's head of investor relations said at the Goldman Sachs technology conference in San Francisco Monday.

Image source: Tesla.

Source Fool.com

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