Tesla Stock Rallies 10%
Tesla Stock Rallies 10%

On Wednesday, Tesla shares rallied as much as 10%.

The rally added about $32 billion in market value to the company.

Other tech stocks like Apple, Amazon were also in the green after the Nasdaq tumbled a record 10% in three trading days.

On Tuesday, Elon Musk's Tesla saw its stock price plunge 21%, erasing $82 billion from its market capitalization.

Business Insider reports that Tesla completed a $5 billion share sale and a five-for-one stock split last week.