Tesla (TSLA): Do not believe the hype, says analyst
The electric car giant Tesla (TSLA) is at the top of its game and reached another all-time high on Wednesday, reaching the long-awaited $1,000 mark. The latest surge followed when a memo from CEO Elon Musk told employees that it was “time to give it all” for the production of the Tesla Semi.
However, the latest Tesla rally gained momentum earlier this week when reports came out that demand for Model 3 in China has increased. The news channels focused on the 11,095 Model 3 that were taken out of Tesla’s Shanghai Giga 3 factory last month and are now facing a new home.Read more