Tesla Stock Looks to Put Win-Streak Record Out of Reach As It Rises Toward 14th-Straight Gain

Dow Jones2023-06-14

Tesla Inc.’s stock keeps rallying, as they rose 2% in premarket trading Wednesday toward a 14th-straight gain.

The electric vehicle giant’s stock, which set a fresh record on Monday with its 12th-straight gain, has rocketed 41.5% over the past 13 trading sessions.

Late Tuesday, Tesla raised starting prices in the U.S. for its Model Y EVs by $250, after the company had cut prices earlier this year to boost sales.

What’s also been supporting the win streak, Tesla and General Motors Co. said last week that GM owners would have access to Tesla’s “Supercharger” network, and after Tesla confirmed last week that all of its Model 3 EVs qualify for $7,500 in federal tax credits.

The stock has shot up 110.0% year to date through Tuesday, while the Global X Autonomous & Electric Vehicles ETF has climbed 31.7% and the S&P 500 has gained 13.8%.

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Comments

AceNg
2023-06-14
AceNg
Have faith in Tesla!
Conrad Genio
2023-06-14
Conrad Genio
Its taking off then flying to the moon! 🚀🌔
fatone
2023-06-14
fatone
Congratulations to anyone who got in at the lows, but surely fundamentals haven't changed that much. This stock will be in profit taking territory soon and might experience a short term dip
Aivern
2023-06-14
Aivern
Win streak record siah - this is not sports journalism man nobody cares about this stupid streak ffs.

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This stock will be in profit taking territory soon and might experience a short term dip","listText":"Congratulations to anyone who got in at the lows, but surely fundamentals haven't changed that much. This stock will be in profit taking territory soon and might experience a short term dip","text":"Congratulations to anyone who got in at the lows, but surely fundamentals haven't changed that much. This stock will be in profit taking territory soon and might experience a short term dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187251115774192","repostId":1146465672,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187248985972960,"gmtCreate":1686742708342,"gmtModify":1686742928436,"author":{"id":"4097767435236930","authorId":"4097767435236930","name":"Aivern","avatar":"https://static.tigerbbs.com/3827d6c7271c872fcc616eaa9b4f7f54","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4097767435236930","authorIdStr":"4097767435236930"},"htmlText":"Win streak record siah - this is not sports journalism man nobody cares about this stupid streak ffs.","listText":"Win streak record siah - this is not sports journalism man nobody cares about this stupid streak ffs.","text":"Win streak record siah - this is not sports journalism man nobody cares about this stupid streak ffs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187248985972960","repostId":1146465672,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":39,"commentSize":4,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1146465672"}