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Why Tesla Stock Jumped Monday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) popped on Monday, with shares rising as much as 8.5%. As of 10:17 a.m. EDT, the stock was up 7.3%

The electric-car maker's move higher was likely primarily fueled by a big jump in the overall stock market today. But an upgraded rating and increased price target for Tesla stock from an analyst probably helped, too.

A Tesla Model 3. Image source: Tesla.

Source Fool.com

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