Why Tesla Stock Jumped Today
Shares of (NASDAQ: TSLA) climbed higher on Monday. The electric vehicle (EV) maker's stock gained 3% as of market close, but had jumped as much as 4.6% earlier in the day. The spike comes as the S 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 0.3%.
Tesla signed a major deal with Samsung to manufacture its next-generation AI6 chips.
Tesla and Samsung's $16.5 billion deal will see the South Korean electronics giant manufacture Tesla's chips, producing them in its new factory in Texas.
Source Fool.com
Tesla Inc Stock
€279.75
3.630%
Currently there is a rather positive sentiment for Tesla Inc with 105 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a positive potential of 46.56% compared to the current price of 279.75 € for Tesla Inc.
