Monthly Archives: October 2021

Why Tesla Stock Moved Higher on Monday

Key Points Tesla’s new factories are set to launch ahead of one analyst’s expected timeline for an acceleration in demand for electric vehicles.The company has significant sales momentum.Tesla reports its earnings next week. What happened

Shares of Tesla (NASDAQ:TSLA) edged higher on Monday. The electric-car maker’s stock climbed as much as 2% at one point during the trading day.

The growth stock’s gain came was likely due to both a bullish day in the overall market and an upbeat note from an analyst who covers the Tesla shares.