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