Two analysts think Tesla stock is a buy.

 

What happened

Adding to the stock's bullish run last week, shares of Tesla (NASDAQ:TSLA) shot higher on Monday, rising nearly 6% as of 11:15 a.m. EDT.

The stock's sharp increase on Monday comes amid two optimistic notes from analysts. One reiterated a buy rating, and the other upgraded his rating on the stock from neutral to buy.