Tesla Up Nearly 4% After Elon Musk's Tweet

MarketWatch Pulse

Shares of Tesla Motors Inc. rose 3.6% on Monday, gathering steam from earlier in the session, on the heels of a tweet by Chief Executive Elon Musk that said the electric-car maker was about "to end range anxiety." Monday's intraday gain is the largest, so far, since Feb. 19, when Tesla shares rose as high as 3.9%. If Tesla shares keep the pace, this would be the 10th time this year that the stock moved higher than 3%. Last year, Tesla shares moved above 3% 57 times, according to FactSet. Tesla stock is down 3.9% so far in March, and down 15% in the past 12 months.

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