Why Tesla Stock Revved Even Higher Today
Success begets success -- and boy, is Tesla (NASDAQ: TSLA) ever begetting it!
Last week, Tesla stock roared ahead after the electric-car giant reported 57% improvement in sales, 73% more deliveries, and adjusted earnings per share up 145% year over year. The stock leapt again yesterday when Hertz announced plans to buy 100,000 Teslas for its rental car fleet.
But why is Tesla stock up another 5.5% today (as of 10:33 a.m. EDT)?
Source Fool.com
