Shares of Tesla rose Thursday for the 10th straight session and highest close since October.
Shares of Tesla Inc. rose Thursday for the 10th straight session and closed at their highest price since October, as data out of China showed that the electric-vehicle giant sold more cars in May than the previous month.
Tesla shares continued their upward trajectory in the aftermarket, up more than 3% after the EV maker and General Motors Co. GM, -1.02% announced that GM EV owners will be able to use Tesla’s fast-charging network starting next year. Tesla delivered 77,695 cars that were made at its Shanghai facility in May, the DJ report said, which is up from 75,842 cars delivered in April but down from the more than 88,800 EVs delivered in March.
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