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Tesla shares jump after updated EPA estimates lift Model Y range

Tesla said new EPA estimates show Model Y L can travel farther on a charge than previously advertised. TSLA shares jumped more than 7% Thursday on the improved range catalyst.

TSLA

Tesla NASDAQ:TSLA investors got another reason to focus on the company's best-selling Model Y after new EPA estimates showed the Model Y L can travel farther on a charge than Tesla originally advertised.

Shares jumped more than 7% Thursday as the improved range added another positive catalyst for a…