TECH - Why Tesla Shares Are Shooting Up In Premarket | Benzinga
Electric vehicle maker Tesla, Inc.’s (NASDAQ:TSLA) shares rose sharply in premarket trading on Monday, raising the possibility of the stock extending its gains from Friday.
After a winning streak that extended for 11 straight sessions, the stock reversed course last Thursday, tumbling over 8% in a single session. The weakness came after a Bloomberg report said the Elon Musk-led company would likely push back the Aug. 8 robotaxi event by two months. With the billionaire and the management not coming out with any clarification in this regard, the ...