TSLA - Tesla's on the Rise but Another Nasdaq Stock Is Jumping Even More
The stock market has started 2023 on a positive note, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has performed quite well. That outperformance endured on Tuesday morning, as the Nasdaq jumped to a 0.5% gain even as some other major market benchmarks lost ground on the day.
Investors have watched electric car maker Tesla (NASDAQ: TSLA) very closely as the new year begins, and after seeing its stock perform horribly in 2022, the electric vehicle (EV) pioneer has mounted a healthy comeback. Yet Tesla's gains on Tuesday paled in comparison to National Instruments (NASDAQ: NATI) , which found itself the target of an improved buyout bid. Read on for details and more.
Shares of Tesla jumped 6% at midmorning on Tuesday. The company has had a lot of investors concerned about recent price cuts , but lower prices have spurred greater interest in Tesla's electric vehicles, and that's been enough to keep shareholders satisfied today.
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Tesla's on the Rise, but Another Nasdaq Stock Is Jumping Even More