Why Tesla Stock Popped Today Despite Sliding Sales
(NASDAQ: TSLA) shares are quickly rebounding from a drop last week. The stock fell 3% last week, ending a four-week winning streak. It's starting the week off strong, though.
Shares jumped over 5% early Tuesday morning, even as data from Europe shows its electric vehicle (EV) sales continue to slump. As of 10:40 a.m. ET, Tesla stock is still trading up by 4.9%.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€329.30
-4.060%
Our community is currently high on Tesla Inc with 107 Buy predictions and 45 Sell predictions.
With a target price of 396 € there is a positive potential of 20.26% for Tesla Inc compared to the current price of 329.3 €.
