Why Tesla Stock Soared Even Higher This Week
Shares of electric car maker Tesla (NASDAQ: TSLA) continued their sharp trend upward this week. The stock rose as much as 11.1% during the week and was up 10.6% as of this writing, according to data from S&P Global Market Intelligence.
The growth stock's gain is likely primarily due to share price momentum, an upbeat week for the overall stock market, and several other news items rated to Tesla specifically.
Vehicle production at Tesla's factory in California. Image source: The Motley Fool.
Source Fool.com
