Tesla Stock Rises On Inclusion in State Department Spending Forecast

Key TakeawaysTesla shares rose Thursday following reports that the State Department could buy $400 million worth of armored Tesla EVs.The department's procurement forecast for 2025 added "Armored Tesla" in December, though the line item was changed to say "Armored Electric Vehicles" late Wednesday.Tesla CEO Elon Musk was the largest individual supporter of U.S. President Donald Trump's campaign. Tesla shares rose Thursday morning after a U.S. State Department forecast was reported Wednesday afternoon, revea ...