Tesla’s share price jumped today as dramatically as it fell on Sept. 28, thanks largely to this weekend’s settlement of the Securities and Exchange Commission’s complaints against the company and its CEO, Elon Musk.
After falling 14 percent on Sept. 28, the stock rose 17 percent today, leaving the closely watched price at $310.70 at the close. That’s above the level it held during Sept. 27’s trading hours, just before the SEC announced that it was charging Musk with securities fraud.
