Why Tesla Stock Stomped on the Gas Today
Shares of Tesla (NASDAQ: TSLA) had roared ahead by 3.3% at 10:30 a.m. EDT on Tuesday, and there might be three reasons this is happening.
Image source: Getty Images.
Let's address the first two reasons: On Friday, before the holiday weekend, ARK Invest founder Cathie Wood reportedly told investors that because Tesla's share of the electric car market "has actually gone up fairly dramatically around the world," she now believes that the stock could be worth $3,000 a share by 2025 instead of the $755 or so that it costs today.
Source Fool.com
