๐๐ธ๐ Revving Up Returns: Tesla's Triumphant Turnaround ๐๐ธ๐
Tesla has orchestrated a jaw-dropping spectacle on the market stage, leaving short sellers to nurse their wounds to the tune of a whopping $5.5 billion lost over just four trading sessions. Buckle up, folks, because this rally has been nothing short of meteoric, with the stock rocketing up approximately 40% from its recent lows, pocketing a cool ~$200 billion in market cap along the way.
What's fueling this frenzy, you ask? Well, it seems that Elon Musk's recent rendezvous in China has proven to be a catalyst for Tesla's ascent. With murmurs of a successful trip echoing through the financial corridors, coupled with the tantalizing tidbit that Musk's personal fortune has surged by over $30 billion since last week, it's no wonder investors are buzzing with excitement.
But let's not forget the underdogs in this electrifying saga โ the short sellers. According to Reuters, they've been dealt a harsh blow, bleeding out nearly $5.5 billion in just four days. Ouch.
And the plot thickens. With Tesla clearing a crucial regulatory hurdle in China, the Full Self-Driving (FSD) dream could soon become a reality in the land of the Great Wall. Talk about shifting gears!
In the world of stocks, a narrative like Tesla's swift turnaround isn't exactly unprecedented. But it sure is exhilarating to witness. So, dear readers, what's your take on this electrifying saga? Are you bullish on Tesla's trajectory, or do you foresee storm clouds on the horizon? Share your insights and let's ride this rollercoaster together! ๐๐ฎ๐ผ
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- Emotional Investorยท04-30Well BC i think you know my sentiment about tsla. But if they do follow thru on their robots, and they make one like the robot on Red Dwarf (nuts what was his name?), well then im inLikeReport
- Barcodeยท04-30Yes, I know your thoughts well. Kryten? Happy trading ahead. ๐LikeReport