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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 as much as 5.2%. As of 11:22 a.m. EDT, however, the stock was up about 2%.

The growth stock's gain was likely primarily fueled by a bullish day for the overall market as investors reacted to election news and reports of successful human trials for a COVID-19 vaccine.

Image source: The Motley Fool.

Source Fool.com

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