Home / Market Update / Global Stock Market / Electric Car Maker Tesla Shares Up 10%

Electric Car Maker Tesla Shares Up 10%

Shares in electric car maker Tesla rose nearly 10% Monday, on the overall market recovery.

CNBC reported that Tesla’s stock had previously fallen nearly 20% in January, amid selling.

Stocks came under pressure, especially after CEO Elon Musk said that Tesla will not offer any new model cars to customers in 2022, including the Cyberbtruck, an experimental pickup truck.

Check Also

Behind the Scenes: Netflix Steps Aside as Paramount Moves to Seize Warner in $31 Share Showdown

In a dramatic twist that could redraw the map of global entertainment, Netflix has declined …