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Benzinga
Benzinga
Business
Melanie Schaffer

Tesla Bursts Higher Ahead Of Federal Reserve Meeting Wednesday: Here's What To Watch

Tesla, Inc (NASDAQ:TSLA) gapped up over 3% Tuesday in tandem with the S&P 500, which opened the regular session up 0.77%.

The electric vehicle giant has staged a rebound over the last six trading days, rising almost 15% from the Oct. 24 52-week low of $198.59. The reversal to the upside finished off a mostly bearish late September and October, where Tesla plunged about 36% between Sept. 21 to when the stock briefly lost support at $200.

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