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Why Tesla Stock Is Up Again Today

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) are up sharply again on Thursday, extending a bullish run for the stock this week. It rose as much as 4.5% at one point in the trading day but shares are still up 2.3% as of 1:10 p.m. EST today.

The electric-car maker's stock may be rising Thursday for a combination of reasons, including further momentum following news on Monday that the stock would soon be included in the S&P 500 and an analyst's recent move to set a $540 12-month price target for the growth stock.

In addition, CEO Elon Musk set big expectations for the company's upcoming software update for its "full self-driving" beta technology.

Source Fool.com

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