Shares of Tesla Moving; May be Attributed to Report Out of China

Shares of Tesla Motors Inc TSLA experienced some volatility Monday amid the release of a news report in China on sina.com.cn.

The translated article suggested a possible connection between CSR Corporation, its tramway manufacturing division, and Tesla.

The article also mentioned several “new energy vehicles” from German automotive manufacturers.

Tesla Motors Inc recently traded at $205.37, down 0.68 percent.