Tesla Soars on Optimism for ‘Battery Day,’ India Market, S&P

(Bloomberg) — Tesla Inc.’s relentless surge continued Monday amid several upcoming events that include the possible unveiling of new battery technology from the electric vehicle maker, entry into a lucrative new market and the potential inclusion of the stock into the prestigious S&P 500 Index.The company late on Friday said its much-anticipated “Battery Day” event will be held on Sept. 22, at its Fremont, Calif., factory. According to Wedbush analyst Daniel Ives, Tesla could announce a number of new potential “game changing” battery developments at the event. Separately, Roth Capital upgraded the stock, saying the company is well down the …read more

Source:: Yahoo Finance

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