Why Tesla Stock Is Skyrocketing Today

Tesla (NASDAQ: TSLA) stock is seeing strong gains in Monday's trading. The company's share price was up 10.3% as of 2:30 p.m. ET amid the backdrop of a 1.4% gain for the S&P 500 and a 1.9% gain for the Nasdaq Composite.On the heels of recent sell-offs, Tesla's valuation is seeing rebound momentum today thanks to bullish momentum for the broader market. The company's share price is also getting a significant boost from news about a key feature rollout in the Chinese market and potential expansion plans in India.A series of new tariffs are scheduled to go into effect on April 2. Stocks are rallying today on hopes that President Trump could take a softer approach to new tariffs than previously expected.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool