Tesla Rises Past $100 Level for First Time: Mover

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Tesla Motors Inc., the electric-car maker led by Elon Musk, rose past $100 a share for the first time as it prepares to announce an expansion of its charger network for its vehicles this week.

Tesla gained 14 percent to $110.33 at the close in New York. The shares have more tripled this year through today, compared with a 16 percent increase for the Russell 1000 Index.