Tesla Stays Afloat; The Saga of Sentiment Continues
January 11 2022 - 10:30AM
TipRanks
Of all the stocks seeing sky high valuations over the last two
years, almost none has garnered more naysayers than Tesla, Inc.
(TSLA). The electric vehicle producer and its outspoken billionaire
CEO, Elon Musk, have had both investors and financial analysts
projecting an imminent collapse for years. Unfortunately for the
bears, this massive selloff in shares has yet to materialize.
Instead, TSLA stock has increased 1006.47% since January 10, 2020.
Until Monday afternoon, Tesla had posted four consecutive
sessions of losses, finally turning around as traders bought up the
discount.
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Tesla (NASDAQ:TSLA)
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