Benzinga - by Shanthi Rexaline, Benzinga Editor.
Tesla, Inc.’s (NASDAQ:TSLA) remarkable surge on Monday signals validation for the electric vehicle maker’s CEO, Elon Musk. Investors embraced the company’s trajectory following a prolonged downturn, providing an opportune moment for Musk to express his satisfaction.
What Happened: According to data from Benzinga Pro, Tesla stock surged by $25.76, marking a 15.31% increase, before settling at $194.05 at the day’s close.
Tesla influencer and investor Sawyer Merritt shared the stock chart, humorously noting that “$TSLA stock is up one Gordon Johnson today,” in a mocking reference to Tesla bear Gordon Johnson’s $23 price target for the stock.
Musk responded promptly with an emoji expressing tears of joy, reflecting his amusement.