Tesla Inc. shares extended their winning streak to seven sessions, rebounding to levels not seen since early March, before the Covid-19 pandemic took a huge bite out of the company’s stock.
The electric-car maker’s shares rose 9.1% to $709.89 on Tuesday after Credit Suisse upgraded Tesla, saying it was better positioned to emerge from coronavirus-related disruptions than other car makers. Those gains extend Tesla’s rally since April 2 to 56%. Over the same period, the S&P 500 has gained 13%.
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Tesla Stock Rides Seven-Session Winning Streak, Rising More Than 60%
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