Why Tesla Stock Jumped Again Monday
Shares of the growth stock are likely up for a combination of reasons, including building on last week's momentum, speculation that the stock will soon be included in the S&P 500 index, and analyst commentary about the company's upcoming Battery Day event. Last week, Tesla shares jumped on news that the stock may soon be included in the S&P 500. Now shares may be getting an additional lift from an analyst note saying that the company's Battery Day event on Sept. 22 could be "a major positive catalyst" for Tesla stock.
