Tesla shares surged 9% Amid Oil Price Spike Triggered by Middle East Tensions
Tesla shares surged 9% this week as oil prices spiked due to escalating Middle East tensions, driven by the surge in oil prices due to escalating Middle East tensions. This surge indicates renewed investor confidence in electric vehicles (EVs) amidst rising energy costs. As geopolitical instability contributes to the increase in global oil benchmarks, market participants are…