Tesla stock rose Tuesday as stakeholders continued to weigh in on the electric-vehicle maker’s recent robotaxi updates. Tesla shares were up 0.7% in midday trading at $220.68 apiece while the and were down 0.4% and 0.3%, respectively. Coming into Tuesday trading, shares were down about 8% since Tesla unveiled its “Cybercab” robotaxi at an event in Hollywood, Calif. on Oct. 10.
These single-stock inverse/leveraged ETFs ruled last week.
RBC Capital Markets analysts downgraded shares of the solar and battery-system supplier to Sector Perform from Outperform and cut their price target to $100.