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Tesla Shares Rise Nearly 1% Overnight Amid Company Updates

Tesla shares rose nearly 1% overnight heading into Monday. The move followed Cybercab activity at Austin’s Formula 1 race, a Berlin production milestone and new Roadster details; Phillip Securities remained bearish on the company’s valuation.

TSLA

Shares of Tesla, Inc. (TSLA) rose nearly 1% overnight heading into Monday after a busy stretch of Cybercab activity at Austin’s Formula 1 race, a Berlin production milestone and new Roadster details. However, Phillip Securities is still bearish on its valuation.TSLA stock fell 0.6% on Friday to clo…