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Why Tesla Stock Gained 13% in January

TheMotleyFool

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Tesla (NASDAQ: TSLA) stock outpaced a declining market last month. Shares rose 13% in January compared to a 1% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.

That increase followed market-crushing returns for shareholders in 2020, as the electric car giant gained over 700%.

Image source: Getty Images.

Source Fool.com

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