Lates News

Tesla's stock price rose more than 3.7% in the closing minutes of Wednesday, after Bank of America resumed coverage of the electric car maker's stock and gave it a "buy" rating. Analysts told clients that they believe Tesla is the "leader in the current consumer autonomous driving field" and pointed out that its progress in autonomous driving and robotics technology is a reason for the upgrade, while also expecting Tesla's market share to increase in a more stringent electric vehicle regulatory environment.