TSLA Back to $1T Market Value: Is the Stock Still a Screaming Buy?
TSLATesla(TSLA) ZACKS·2024-11-12 23:45

Tesla (TSLA) stock has seen an electrifying rebound in 2024, pushing its market value back over the coveted $1 trillion mark. After having plummeted more than 40% from the beginning of the year till Apr. 22 (when it hit its 52-week low of $138.08), the stock has roared back to life. It has witnessed a strong rally lately thanks to the company’s solid third-quarter results and Donald Trump’s presidential victory.The stock is up 41% year to date, having closed at $350 yesterday. The electric vehicle (EV) pion ...