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TSLA jumps ~7% ahead of Cybercab launch event in Austin

Tesla shares rose about 7% on Thursday, trading near $382, as investors positioned ahead of the company’s Cybercab launch event in Austin. The stock closed Wednesday at $357.01.

TSLA

Tesla shares jumped about 7% on Thursday, trading near $382, as investors piled in ahead of the company’s Cybercab launch event in Austin.The stock closed Wednesday at $357.01.

By early afternoon Thursday, it was up more than $25, putting Tesla among the day’s stronger large-cap movers.

The stock i…