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January, 23 - TSLA reached a pivotal point

In the beginning of the month Tesla was the talk of the town. The jump of company’s stock by nearly 10 percent took us all by surprise, but it was a pleasant surprise. This kind of growth is way we strive on. But we were due for a disappointment right after the surge as TSLA stock didn’t manage to keep up with the growth and started falling the next day after the jump. And we thought that this week was not going to bring us any good news for TSLA. After all, it has already had its big moment for the quarter. But we got a pleasant surprise this morning when we saw that last trading session brought another growth possibility to USD.

 

tsla 23.01.2020

 

And TSLA didn’t just grow today. It exceeded $100 bn stock market value for first time in its history. According to FT “Tesla’s value rose above $100bn for the first time at the opening of trading on Wednesday. The stock closed up 4 per cent at $569.56, valuing the company at more than $102bn. At that level it is worth more than Volkswagen, the world’s biggest carmaker by volume.”

 

This growth seems to be due to the recent behavior of Elon Musk as well as his promises about the future of the company. After all, after Cybertruck, the future is looking very bright for Tesla, so we as traders are very interested to know what Tesla is going to face next.

 

Seeing the recent tendencies, it is no wonder is TSLA stocks should grow, so it is better to use trading signals to know what we are going to face in the nearest future.

 

 

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