Why Tesla Stock Surged Higher on Wednesday
Shares of Tesla (NASDAQ: TSLA) surged on Wednesday, climbing as much as 6.2%. As of 11:05 a.m. EST, the stock was up 5.1%. This extends a gain for the stock that occurred yesterday.
The growth stock may be rising on Wednesday simply due to a rebound from last week's sharp sell-off. The stock's gain may also reflect growing buzz on Wall Street for electric vehicles.
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Source Fool.com
