The past two weeks saw a reversal of fortune for Tesla (TSLA) shares. The stock has rallied 10 trading days in a row, and is up nearly 65%.There’s one reason why investors are particularly bullish on Tesla — success in Shanghai.Recent drone footage displays recent manufacturing capacity expansion at the firm’s new, highly anticipated Shanghai location. In addition, the plant will be producing and offering a longer-range/deluxe edition of its Model 3 strictly for Chinese customers. This redesigned version is already instilling hype among consumers and, according to Bloomberg, could be rolled out as early as this week. For the …read more
Source:: Yahoo Finance
