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Tesla shares wipe out loss for the year with 27% rally this week

by Editor July 6, 2024, 7:22 pm 1.5k Views

Tesla shares wipe out loss for the year with 27% rally this week

Elon Musk attends “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” during the Cannes Lions International Festival Of Creativity 2024 – Day Three in Cannes, France, on June 19, 2024.

Marc Piasecki | Getty Images

Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%.

Shares of the electric vehicle maker closed Friday at $251.55. They ended last year…

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