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Why Tesla Stock Popped Thursday


(NASDAQ: TSLA) stock jumped 4.5% through 1:45 p.m. ET Thursday on some apparently bad news -- that might turn out to be good news for Tesla stock, and for SpaceX stock, too (once SpaceX IPOs).

As EV news specialist Electrek reports, deep in the heart of Texas, Elon Musk's SpaceX is snapping up tens of millions of dollars' worth of Tesla Cybertrucks to work at its Starbase spaceport.

Image source: Tesla.

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Source Fool.com

Tesla Inc Stock

€412.35
3.530%
A very strong showing by Tesla Inc today, with an increase of €14.05 (3.530%) compared to yesterday's price.
Our community is currently high on Tesla Inc with 107 Buy predictions and 41 Sell predictions.
On the other hand, the target price of 404 € is below the current price of 412.35 € for Tesla Inc, so the potential is actually -2.02%.
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