Would you be interested in investing into as asset that grew 108 percent over the last three months? Imagine – the growth was so rapid and so unexpected that not a lot of people managed to predict the surge. And that was a HUGE mistake. I am of course talking about TSLA stocks – the talk of the town for today.
What happened, will you ask. And I will tell you – over the trading session last night TSLA stock surged by almost 10 percent in one go! That is simply unbelievable pace! Traders spend years searching for the instruments that will grow like that overnight and it is right in front of us all this time! We just do not pay enough attention to it.
So, what managed to pull TSLA so high last night? Well, some say that investors are very attracted to the new policies, adopted by the company. Some say that it is mostly due to analyst's decision to significantly increase his 12-month price target for the stock, citing the electric-car maker's achievement of "critical scale," which of course was followed by consistent free cash flow. Surely, high demand for the newest Tesla developments is also the reason behind the growth here and now. I, personally, think that it is a combination of all of the above.
All in all, the business is going well for Tesla. Never has the stock of the company been as high as it is right now. And we are hoping, that in the nearest future we are going to see more of the surge. Would you risk and invest in Tesla right now? May be well worth the risk – that is for sure.
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