Record Sales Prove Nothing Can Keep TSLA Stock Down

InvestorPlace2022-04-05

Tesla(NASDAQ:TSLA) has once again silenced skeptics. This weekend, the electric vehicle(EV) innovator had investors breathing a sigh of relief. Specifically, TSLA stock is up this morning after ...

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Comments

CL777
2022-04-06
CL777
Back to $900
Santharan
2022-04-05
Santharan
Good
Ellery111
2022-04-05
Ellery111
Ok
PC21
2022-04-05
PC21
Amazing
Huat Huat Ah
2022-04-05
Huat Huat Ah
Huat huat all
Alvin1975
2022-04-05
Alvin1975
Up

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This weekend, the electric vehicle(EV) innovator had investors breathing a sigh of relief. Specifically, TSLA stock is up this morning after ...</p>\n\n<a href=\"https://investorplace.com/2022/04/record-sales-prove-nothing-can-keep-tsla-stock-down/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://investorplace.com/2022/04/record-sales-prove-nothing-can-keep-tsla-stock-down/","article_id":"1129737404","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129737404","pubTimestamp":1649118759,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Tesla(NASDAQ:TSLA) has once again silenced skeptics. 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That’s a gain of roughly 70%.This news sent TSLA stock skyrocketing this morning. As of this writing, shares are up 5% for the day, showing no signs of falling off. After some turbulence late last week, shares look poised to start making up lost ground.What’s Happening with TSLA Stock?Many critics have questioned the stability of EV stocks this year. Global demand for EVs has been increasing rapidly, sure, but supply-chain constraints have raised plenty of concerns. When it comes to Tesla, CEO Elon Musk even alluded to the company’s struggles in this regard during the year’sQ4 earnings call. As is clear from the report, though, Tesla has been able to scale production nonetheless.These new sales statistics are roughly in line with Wall Street expectations. More importantly, however, they contrast the lack of success from Tesla’s rivals. Both General Motors(NYSE:GM) and Toyota(NYSE:TM) are primary competitors of the EV leader and have come up short in Q1. 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