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Tesla records biggest daily rise in a year, adds $100 bn to market value
short by Kiran Khatri / on Wednesday, 10 March, 2021
Elon Musk-led Tesla surged nearly 20% to end at $673.58 on Tuesday, recording its strongest daily rise since February 2020. The jump, which added $100 billion to the electric car maker's market value, halted a five-day streak of losses. The rally came after data released by Chinese auto industry body showed that Tesla's China sales in February increased to 18,318.
read more at Reuters