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Tesla Stock Rallies 10%
Video Credit: Wochit News
Published on September 9, 2020 - Duration: 00:34s
Tesla Stock Rallies 10%
On Wednesday, Tesla shares rallied as much as 10%.
The rally added about $32 billion in market value to the company.
Other tech stocks like Apple, Amazon were also in the green after the Nasdaq tumbled a record 10% in three trading days.
On Tuesday, Elon Musk's Tesla saw its stock price plunge 21%, erasing $82 billion from its market capitalization.
Business Insider reports that Tesla completed a $5 billion share sale and a five-for-one stock split last week.
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