Tesla's stock ($TSLA) has surged significantly, rising 52% from its 2024 lows. The stock is up 12% in the first two days of July, driven by better-than-expected delivery numbers. Tesla has broken through a three-year downtrend, with its stock price moving from $140 to $228, marking an over 50% increase. The stock is currently trading between $235 and $240, with analysts suggesting a possible small pullback before it moves higher again. The stock is staying hot at highs, up 6.6%.
$TSLA now up 52% from 2024 lows up +12% first 2 days of July, reported better than expected delivery #’s 🔥 https://t.co/eA1cegt8OQ
$TSLA need to pull back from 235-240 to move higher, will keep an eye on this https://t.co/V3hA5npMay
What a monster move by $tsla from 140 to 228 (>50%). Congrats to folks who timed it.