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Why Tesla Stock Jumped on Monday

TheMotleyFool

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Shares of electric-car maker Tesla (NASDAQ: TSLA) jumped on Monday, rising nearly 8% by the time the market closed.

The stock's gain likely reflects a combination of Elon Musk's success at the other company he runs, SpaceX, over the weekend, and a good day in the market for many growth stocks.

Image source: The Motley Fool.

Source Fool.com

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