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Tesla Stock Jumped 5.4% on Wednesday


Shares of electric-car company Tesla (NASDAQ: TSLA) rose 5.2% as of 3:30 p.m. EDT on Wednesday. The gain was Tesla's biggest jump in seven weeks, according to MarketWatch.

Though there wasn't any news on Wednesday material enough to justify such a sharp gain in the automaker's stock price, Tesla shares have notably seen a clear positive upward trend recently. This is likely an extension of this trend.

Image source: Tesla.

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Source Fool.com

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