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Why Tesla Stock Popped Thursday

TheMotleyFool

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Oh, dear! It seems that Tesla (NASDAQ: TSLA) is in trouble with the National Highway Traffic Safety Administration (NHTSA) again.

Earlier this week, Tesla stock got dinged when the NHTSA demanded the company recall and fix a problem with 53,822 Tesla Model S, 3, X, and Y electric vehicles, whose Full Self Driving software was encouraging them to roll through stop signs without stopping. Two days later, it seems NHTSA is mad at Tesla again, and this time the size of the recall is much bigger.

So why is Tesla stock up 2.7% as of 11:40 a.m. ET?

Source Fool.com

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