Tesla's quarterly delivery results are expected to be released on Tuesday. This has led to a 6% increase in the company's stock price as investors anticipate the report.
Tesla's stock increased by 6% on Monday, ahead of the company's quarterly delivery results due out on Tuesday. The stock has gained nearly 50% since April 22, when it touched a 52-week low of $138.80 per share.
The Nasdaq Composite rose 0.7% on Monday, reaching an all-time high of 16,794.87. This increase was driven by a quiet day of mixed trading, with most U.S. stock indexes edging higher following their latest winning week4.