Electric vehicle maker Tesla (TSLA) seemed almost bulletproof for the last three months. However, the price has declined since last week. The reason is a little baffling and doesn't seem much connected to Tesla products at all. For this reason, I am bearish on Tesla stock. (See Analysts’ Top Stocks on TipRanks) Tesla's stock was on an 11-week upward cant and almost looked to make it three full months of consecutive gains. However, the arrival of early November threw a wrench in those plans, and Tesla saw its first down week since back in May. Now, Tesla appears to be hovering close to $1,000 per share. (See Tesla stock charts on TipRanks.
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Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Tesla Charts.