Why Tesla Stock Popped After Christmas
It wasn't exactly a "Christmas miracle." In fact, I'd go so far as to say it was pretty obvious. But whether you call it a miracle or inevitable, Tesla (NASDAQ: TSLA) just solved its NHTSA problem -- and now its stock is going up, rising 3.7% as of 10:25 a.m. EST Monday.
Last week, Tesla stock got dinged after The New York Times reported that the National Highway Traffic Safety Administration (NHTSA) was looking into potential risks in the company's software -- specifically, whether allowing drivers to play video games on their central infotainment systems while cars were in motion constituted "design defects posing unreasonable risks to safety."
Image source: Getty Images.
Source Fool.com
