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January, 31 - TSLA grew by more than 10 percent... again.

Another mind-blowing performance by one of our favorite assets.

 

We at signalspremium.com can’t help but love TSLA stock. And I think that it is mutual, as can be evidenced by the growth of the shares’ price in the latest trading session. Just look here. We can’t help but remember another instance of the growth that came in the beginning of the year, when growth and profits prediction became the catalyst for the growth of the asset.

 

tsla 31.01.2020

 

And what happened today? Why did TSLA become so desirable for trades all of a sudden? That is a mystery. There is nothing new in Musk’s Twitter apart from him releasing a new song that he wrote and performed the lyrics. Tesla is being protested in Germany and there is generally nothing going on with the company right now.

 

But, it seems that traders and investors finally laid their hands on a report saying:

  • Tesla delivered better-than-expected Q4 2019 results on Wednesday.
  • Earlier, the company reported deliveries of 112,000 vehicles during the fourth quarter, a record for Tesla.
  • Shares in Tesla have continued to rally since Elon Musk’s electric car maker reported a surprise profit in Q3.

 

So, there you have. Those are the key reasons for Tesla’s growth at the moment, so we can simply enjoy it for the moment.

 

Surely, our trading signals can tell you what to do with TSLA next.

 

 

Lang

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