TESLA stock:

TESLA stock: "into the stratosphere" mode

Going vertical

You think it’s a rocket launch? No, it’s Tesla stock price entering “into the stratosphere” mode. $1000 per share is an inch away. At least, it was just a moment ago, and no one really knows if today or tomorrow it will get back to cross it.

Why so vertical

If we want to find reasons, there may be a mixture of several. A successful financial closure of 2019 (although with an overall 2019 annual loss), high number of Cybertruck orders (although it failed right on stage during the demonstration), Model 3 eventually getting off the assembly plant in Shanghai (although the future prognosis for the customer demand is not really bright, not to say quite gloomy), and probably a rush to buy back Tesla shares by those who believed it would fail. Although… Well, there are many “althoughs” to Tesla’s success, but the market doesn’t want to hear it right now. Therefore, use the moment to make a profit, while it is so hyped for this stock.

Wait. And Elon Musk?

You can imagine his fortunes now. Or more likely you cannot. Don’t envy Tesla, trade it.  

TESLADaily.png

                                                                               TRADE NOW

Similar

Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera