Tesla Pops On Electric Car Tax Credit Proposal

Tesla Motors, Inc. (TSLA) spikes to session highs on increasing volume. Strength attributed to a Bloomberg News story that says the Obama Administration will propose electric vehicle credit changes that would be positive for the Palo Alto, California-based co.

Shares of Tesla Motors re currently up $1.47, or 6.50%, at $24.57 per share.

Stocks related: A123 Systems, Inc. (AONE), Ener1, Inc. (HEV).

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About Ron Haruni 1067 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

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