Tesla shares rose more than 2% on Monday, reaching a two-week high as the electric vehicle market gears up for a significant week.
This increase comes despite early trading drops, where Tesla stock briefly fell by 0.6% to $214.8. The market remains active, with developments such as Chinese EV competitor Zeekr unveiling a new battery technology capable of rapid charging, potentially intensifying competition.
At 10:40 am ET, Tesla shares went up by 2.09% to sell for $220.63.
