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Why Tesla Stock Jumped 15% on Monday [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla NASDAQ:TSLA ) investors were in for more good news to start out the week as shares of the company climbed by 15% and continued to climb throughout the day. So, let's look at what happened with Tesla stock to get investors back on board with the recently poor performer. What happened? The main focus was a huge with in China for Tesla stock and its investors. Chief Executive Officer Elon Musk won tentative approval for his Full-Self-Driving car in China. This came after clearing numerous hurdlers, meeting with government officials, and a surprise visit to the country over the weekend. ADVERTISEMENT The news gave an enormous boost to Tesla stock on Monday after weaker demand led to shares dropping like a stone over the last few months. Yet, as in the past, Tesla stock has been known to go through these periods of yo-yo-like activity. The details The government in China gave Tesla stock approval to launch the Full Self-Driving car on Sunday after Musk met with Chinese P
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