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Why Tesla Stock Raced Higher Today

Shares of Tesla (NASDAQ: TSLA) gained 4.7% Tuesday on a report showing strong China sales for the electric vehicle (EV) maker in August. 

Additionally, The Wall Street Journal reported Monday that Tesla was well-positioned to win federal grant money for building out its charging network, opening up another revenue stream for the EV leader.

Image source: Tesla.

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Tesla Inc Stock

There is an upward development for Tesla Inc compared to yesterday, with an increase of €2.95 (1.270%).
Currently there is a rather positive sentiment for Tesla Inc with 92 Buy predictions and 53 Sell predictions.
As a result the target price of 249 € shows a slightly positive potential of 5.93% compared to the current price of 235.05 € for Tesla Inc.
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