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Why Tesla Stock Jumped on Monday

TheMotleyFool

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Why Tesla Stock Jumped on MondayPhoto, wide shot, wide-angle lens, Private equity firm, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/6a5872d8-cc25-46f8-b436-bf3db1953908.png

Shares of Tesla (NASDAQ: TSLA) popped on Monday, rising as much as 4.5%. As of about 10:30 a.m. EDT, however, the stock was up 3.3%.

The growth stock's gain comes as Deutsche Bank analyst Emmanuel Rosner released a note to investors saying that the stock's sell-off on Friday created a good buying opportunity.

Tesla factory. Image source: The Motley Fool.

Source Fool.com

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