U.S. Stocks Open Mixed on Wednesday; Tesla Stock Surges Nearly 13% After Earnings

Tiger Newspress04-24

The Nasdaq Composite popped Wednesday, as Tesla rallied after the company’s first-quarter results came out.

Tesla climbed nearly 13% in morning trading after the company announced a renewed push into “more affordable” electric vehicle models. However, the megacap tech name and retail investor favorite missed expectations on both lines in the latest quarter.

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