Tesla Stock Gaps Up on Fundamental NewsMark Melin
Shares of Tesla Motors Inc (NASDAQ:TSLA) stock are rocketing higher on fundamental news the company has plans to develop 400 charging stations in China.
Shares gapped higher, trading near $271 in late morning trading, as Tesla continues to surprise on the upside with fundamental news. On a momentum basis, the stock, which looked like it might be due for a summer breather, is extending what can be considered a breathtaking climb.
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