The world's largest auto market and the second-largest economy, China, said it will eventually ban the sale of fossil-fuel cars, boosting shares of Tesla ( TSLA ) and those of other companies that provide key materials for electric vehicles.
Chemical maker Sociedad Quimica y Minera de Chile ( SQM ) surged 8% to a four-year high of 52.34.
IBD'S TAKE: Flat bases, which require stocks to consolidate for a minimum of five weeks, have been common recently with the market grinding higher.
The National Transportation Safety Board is scheduled to meet Tuesday to determine the cause of a fatal May 7, 2016, crash of a Tesla near Williston, Fla.
The Frankfurt Motor Show is opening to the media this week and will feature a big EV push from top automakers.
- Here's the next catalyst for Tesla that has bulls fired upMarketWatch
- Double Your Money in Tesla Inc (TSLA) Stock!Investorplace.com
- Investors Catching Stocks Tesla Motors, Inc. (TSLA)News Oracle
- Utah Retirement Systems Acquires 1000 Shares of Tesla Inc. (NASDAQ:TSLA)HiTechFacts
- Tesla triggers upgrade for cars in Irma's pathAZFamily
- Whittier Trust Co Has Raised Its Tesla Mtrs INC Com (TSLA) HoldingBZ Weekly
- Fred Alger Management Raised By $2.60 Million Its Hexcel (HXL) Holding ...Thorold News
- J&P China Capital Management Company Increased Tesla Mtrs (TSLA) Holding By $7 ...Bibeypost.com
- Tesla Inc. (TSLA) Shares Bought by Pacer Advisors Inc.TrueBlueTribune