Tesla Stock Soars as Congress Plots More EV Handouts

Tesla stock jumped on Wednesday after US lawmakers proposed expanding federal tax credits for EV vehicles. The move provides Elon Musk with a helping hand as he seeks to prevent lingering demand problems from ransacking the company’s forecast. Shortly before the closing bell, TSLA shares traded at $277.15 for a session increase of 1.78%. Tesla Stock Could Receive Huge Boost from EV Credits Tesla might be well off its recent highs, but its share price continues to hold at the bottom of a lo