AXION VIRTUS

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more›

Elon Musk smiling in the driver’s seat of a Tesla Model 3.
Tesla CEO Elon Musk poses in his company’s flagship electric car, the Model 3.

How Tesla’s shares defied gravity and soared after a three-day slump, and what it means for the fans of the electric car maker.

 

Hey, TSLA lovers! Are you feeling the thrill of the roller coaster ride? Last week, you probably felt like you were in a free fall, as your favorite stock plunged like a rock. But today, you can breathe a sigh of relief, as TSLA bounced back like a rubber ball.

Yes, that’s right. Tesla Inc. (TSLA) rose 3.48% to $269.06 Monday, on a day when the stock market was mostly in the green. That means TSLA snapped its three-day losing streak and regained some of its lost glory.

But don’t get too excited yet. TSLA is still far from its 52-week high of $314.67, which it reached on August 16th. It’s also trading below its 50-day average volume of 142.3 M, with only 135.5 M shares changing hands on Monday.

So what does this mean for you, the loyal TSLA fan? Well, it depends on how you look at it. You could see this as a sign of recovery, and hope that TSLA will continue to soar in the future. Or you could see this as a temporary blip, and brace yourself for more volatility ahead.

Either way, you have to admit that TSLA is never boring. It’s always making headlines, whether it’s for its innovative products, its visionary CEO, or its wild swings in price. It’s the ultimate thrill ride for investors who love risk and reward.

So buckle up, TSLA lovers. You’re in for a wild ride. And don’t forget to enjoy the view along the way.

Meet Your Financial Navigator!

Read more in a book

Some of the books are also available at

Some of the books are also available at

Free for 30 days
Listen all you want to a
growing selection of included:

Originals
audiobooks
sleep tracks
meditation programs
podcasts
Plus, you'll get to choose 1 title per month
from Audible's entire catalog — yours to keep.

$14.95 a month after trial

$0.00 Get 1 Month Free

Further reading

Evaluate your Options and Begin Trading

Scroll to Top
Verified by MonsterInsights