Tesla up 20% after Panasonic posts first quarterly profit at battery business
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TOKYO/SAN FRANCISCO (Reuters) - Tesla Inc's stock surged 20% on Monday in its largest one-day gain since 2013, fuelled by a quarterly profit at Panasonic's battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.Shares of Tesla have rallied by over 30% since the car maker run by Chief Executive Elon Musk posted its second consecutive quarterly profit last Wednesday, which was viewed as a milestone for the company competing..