Tesla Stock Recharges: TSLA Bullish Break, $1T Market Cap after 17% Weekly Rally

Tesla stock came roaring back into bullish territory this week, fueled by investor optimism, geopolitical developments, and a string of posi

Tesla stock is climbing quickly.

Quick overview

  • Tesla stock surged 17% this week, marking a strong return to bullish territory after a four-week winning streak.
  • Investor optimism was fueled by easing U.S.-China trade tensions and positive news regarding Tesla's upcoming Robotaxi service launch.
  • CEO Elon Musk's involvement in international discussions further boosted investor confidence and Tesla's market appeal.
  • With strong fundamentals and technical momentum, Tesla is poised to potentially revisit its December highs near $488.

Tesla stock came roaring back into bullish territory this week, fueled by investor optimism, geopolitical developments, and a string of positive headlines.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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