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Why Tesla Stock Popped Today Despite Sliding Sales
Tesla (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.Continue reading
Tesla (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.
