TSLA Stock Jumps 5% on Tuesday as Tesla Plans Expansion to India
Jan 13 2021 · 13:03 UTC | Updated
Jan 13 2021 · 16:19 by Bhushan Akolkar · 3 min read
Photo: Depositphotos
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Tesla is planning to expand its operations in Asia’s second-largest economy and has already registered an office in India. The company is likely to start manufacturing its cars already in 2021.
After an 8% correction on Monday, Tesla Inc (NASDAQ: TSLA) stock bounced back on Tuesday rising nearly 5%. On Tuesday’s closing hours, the TSLA stock was 4.72% up trading at a price of $849 with its market going back above $800 billion. All this happened amid teh talks on the expansion of Tesla to India. Today in the pre-market, the stock is 0.35% down.