Tesla’s stock rises toward its best day in a month after monthly China sales data

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Tesla’s stock rises toward its best day in a month after monthly China sales data
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Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Shares of Tesla Inc.

rose 3.2% in premarket trading, putting them on track for their best day in a month and for a three-day win streak. The electric vehicle giant’s stock had gained 4.2% the past two sessions, after closing Monday at a five-month low. The stock was headed for the biggest one-day gain since it rose 5.9% on Oct. 4. That would snap a 20-session streak that the stock failed to post a daily gain of at least 3%, the longest such streak since the 22-day stretch that ended with a 7.0% gain on Oct.

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