Tesla Surges as Morgan Stanley Says Electric Cars Will Gain
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Tesla Motors Inc. rose the most in more than four months after a Morgan Stanley analyst said the unprofitable electric-car maker will benefit from a shift away from internal-combustion engines.
Tesla surged $4.04, or 17 percent, to $27.75 at 4 p.m. New York time in Nasdaq Stock Market composite trading, the biggest gain since Nov. 10.