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why is tesla stock up

by Miss Margarita Marvin Published 3 years ago Updated 2 years ago
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Why has Tesla stock gone up? Here’s what’s fueling the searing rally. Tesla’s stock has surged more than 20,000% since it went public in 2010. The searing rally has been driven by production growth, EV frenzy, and frontman Elon Musk.

Full Answer

Why is Tesla a risky stock investment?

Mar 22, 2022 · For a sixth straight day, shares of electric vehicle (EV) star Tesla ( TSLA 1.10%) drove higher on Tuesday, up 2.5% as of 12:45 p.m. ET. CEO Elon Musk might be personally responsible for that with ...

Why is Tesla stock currently doing so well?

Aug 20, 2021 · What happened. So Tesla ( TSLA -0.12% ) is in the history books -- and it was "an absolute head scratcher" according to Dan Ives, managing director at investment bank Wedbush Securities. Wedbush ...

Why I decided to buy into Tesla stock?

Tesla’s (NASDAQ:TSLA) stock is up an incredible 695% in 2020, making it one of the most valuable companies in the world with a $630 billion valuation. Investors have bought in to Elon Musk’s product lineup, growth narrative, self-driving …

Would it be worth buying 1 share of Tesla stock?

Mar 17, 2022 · What’s Happening with TSLA Stock First off, it should be noted that TSLA stock is likely being impacted by a company-specific catalyst today. Yesterday, a …

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Tesla is building an android

I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.

What happened

So Tesla ( NASDAQ:TSLA) is in the history books -- and it was "an absolute head scratcher" according to Dan Ives, managing director at investment bank Wedbush Securities.

So what

But hey, in at least one respect, AI Day was a success: It generated headlines for Tesla -- and about a 2.3% stock price bump as of 9:45 a.m. EDT this morning.

Now what

In his presentation on the Bot, Musk said his aim was to make "physical work ... a choice" by creating a robot able to take over repetitive tasks and help alleviate labor shortages in the workforce. But the 2022 arrival date seems like a stretch, and you probably shouldn't get your hopes up about that one.

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