Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27 per cent, reports CNBC.
Shares of the electric vehicle maker closed Friday at $251.55. They ended last year at $248.48, and proceeded to fall as low as $138.80 in April.
The latest rally was sparked by a better-than-expected deliveries report for the second quarter on Tuesday. While deliveries still dropped 4.8 per cent from a…
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