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Tesla shares jump after clearing 50-day average amid robotaxi event

Tesla (TSLA) shares rose about 5.5% on Monday, moving above the 50-day moving average. The stock traded up to $367 before giving back part of the gain, as investors looked to a robotaxi event scheduled for Sept. 3.

TSLA

Tesla NASDAQ:TSLA shares jumped about 5.5% Monday as the stock moved above its 50-day moving average, with investors turning their attention to an upcoming robotaxi event scheduled for Sept.

3.The stock reached $367 during the session before giving back part of the advance.The move comes as expecta…