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Here's Why Tesla Shares Have Soared By Over 20% This Week

Here's Why Tesla Shares Have Soared By Over 20% This Week

Tesla (NASDAQ: TSLA) investors have enjoyed a good start to 2023. The stock's upward momentum continued this week, spurred on by an earnings report that provided several reasons to be optimistic about the electric vehicle (EV) maker and its stock. As of early in Friday's session, Tesla shares were up about 23% for the week, according to data provided by S&P Global Market Intelligence.