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Why Tesla Stock Jumped on Monday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) are trading higher today. The electric car maker's stock jumped as much as much as 5.7%. As of 1 p.m. EST, however, the stock was up 4.9%.

The growth stock's gain is likely driven by both an upbeat day for the overall market and an analyst's move to more than double their 12-month price target for Tesla shares.

The recently refreshed interior of Tesla's Model S. Image source: Tesla.

Source Fool.com

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