Why Tesla's Stock Is Trading Higher Today

Tesla Inc TSLA shares are trading higher on Monday after a new report showed the company's China car registrations in May increased 150%.

Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. It sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. It also makes solar roofs and plans to enter the HVAC market.

Tesla's stock was trading up 5.18% to $983.75 per share at time of publication on Monday. The stock has a 52-week high of $1,027.48 and a 52-week low of $210.40.

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