That recovery saw Tesla struggle to crack the $800 per share mark, and ultimately fail to do so, dropping back to under $600 once more. It spent a couple days there until its first recovery. After the first week of February, Tesla started its first plunge for the year, dropping under the $600 per share mark in early March. Much of January into February saw the company struggle to crack the $900 per share mark. Subsequently, its stock has been on the rise, surpassing $1,000 per share. Tesla stock suffered a couple of false starts in 2021. I’m mildly bearish on Tesla, and you’ll see why directly. Tesla’s collective battery has a new charge with the latest news, but for anyone considering buying in, I suggest waiting. However, the company’s recent rally pushed its market cap above $1 trillion for the first time. Tesla Continues to Surge, Upside May Be LimitedĮlectric car maker Tesla ( TSLA) has had its share of ups and downs lately.
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