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Why Tesla Stock Moved Higher Again Today


Elon Musk is making his first visit to China in three years, and investors like the implications of that. Shares of (NASDAQ: TSLA) jumped higher by as much as 6% on that and other news to start the trading week. As of 10:35 a.m. ET today, the stock was still higher by 4.3%. 

Tesla stock has had a good month, up almost 25% in May. 

Investors likely think Musk's visit signals a renewed focus on Tesla -- and China in particular -- after he hired a new CEO to run Twitter. He met with China's foreign minister, Qin Gang, and is expected to tour the company's Shanghai manufacturing plant. 

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Source Fool.com

Tesla Inc Stock

€163.72
-1.270%
We can see a decrease in the price for Tesla Inc. Compared to yesterday it has lost -€2.100 (-1.270%).
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 22 Sell predictions.
As a result the target price of 236 € shows a positive potential of 44.15% compared to the current price of 163.72 € for Tesla Inc.
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