Why Tesla Stock Popped Today Despite Sliding Sales
Tesla (TSLA 5.09%) shares are quickly rebounding from a drop last week. The stock fell 3% last week, ending a four-week winning streak. It's starting the week off strong, though. Shares jumped over 5% early Tuesday morning, even as data from Europe shows its electric vehicle (EV) sales continue to slump. As of 10:40 a.m. ET, Tesla stock is still trading up by 4.9%. Elon Musk plans to refocus on TeslaAccording to the European Automobile Manufacturers' Association, registrations for new Tesla EVs in Europe pl ...