Why Tesla Stock Jumped on Monday
Shares of Tesla (NASDAQ: TSLA) jumped on Monday. The electric car maker's shares rose as much as 3.4%. The stock was up 2.6% as of 11:10 a.m. EDT.
The growth stock's gain oddly follows an announcement of a voluntary recall of nearly 300,000 vehicles in China. Interestingly, a close look at the recall shows a reason why investors may be cheering the move.
Image source: Tesla.
Source Fool.com
