Tesla share climbs by 20%, adds $100bn in value

Tesla share succeeded in making up its losses on Tuesday as it climbed by nearly 20 percent. The car-company added almost $100 billion to its value in the market.

The main reason for such a massive jump in Tesla share was the Chinese demand for the car company's products improved in February.

The Nasdaq Composite closed 3.7% higher on Tuesday which was considered as the best performance for the composite since November.

The Tech sector witnessed great soaring and many of them have recovered after suffering from share declines in the past few days.

Apple, Amazon, and Microsoft earned great gains on Tuesday. The shares are still more than 20% lower than their highest records in January, however, they are up by 70% over the past few weeks.