Why Tesla Stock Jumped Sharply on Monday
Shares of Tesla (NASDAQ: TSLA) soared on Monday. The stock rose as much as 7%. At 10:15 a.m. EDT, however, shares were up 4.6%.
The growth stock was up following the electric-car maker's first-quarter vehicle deliveries report over the weekend. The company reported deliveries for the period that crushed analysts' estimates, giving investors more confidence in Tesla's growth trajectory.
Image source: Getty Images.
Source Fool.com
