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Why Tesla Stock Jumped Tuesday

TheMotleyFool

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Shares of electric-car company Tesla (NASDAQ: TSLA) jumped on Tuesday, rising as much as 8.5%. As of 11:34 a.m. EST, however, this sharp rise had moderated to a gain of 2.8%.

The stock's rise today follows an analyst's decision to upgrade his rating on the electric-car maker's stock from market perform to outperform.

A Tesla Model 3. Image source: Tesla.

Source Fool.com

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