Stock Surges Like Bitcoin Amid Deteriorating Fundamentals

Tesla Inc. stock rises Monday, still underperforms market
Shares of Tesla Inc. TSLA inched 0.15% higher to $411.05 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.24% to 19,864.98 and the Dow Jones Industrial Average DJIA falling 0.06% to 42,706.56.
Tesla: Stock Surges Like Bitcoin Amid Deteriorating Fundamentals
Financial writer analyzes Tesla, Inc.'s performance, citing issues with declining deliveries, inflated valuation, and lack of growth. Click for this TSLA update.
Why Tesla Stock Is Surging Today
In addition to bullish momentum for the broader market today, Tesla is gaining ground thanks to positive industry reports and analyst coverage. In addition to a Reuters report stating the EV specialist was seeing seeing strong sales in China, the company's stock is also getting a boost from a price target increase from Canaccord.
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