How High Can Tesla Stock Go? “Golden Cross” Bullish Pattern Predicts New Price ATH for Musk’s Company
Tesla’s
stock continues its impressive recovery trajectory, climbing 0.51% during
Tuesday’s trading session to test an intraday high of $354.99, its highest
level in three months. The electric vehicle maker’s shares (NASDAQ: TSLA)
ultimately closed at $343.82, marking a remarkable 60% gain from April’s lows.
This
resurgence comes as investors digest Elon Musk’s latest revelations about
Tesla’s AI strategy and its relationship with semiconductor powerhouses.
Tuesday’s
test of the $354.99 level pushed Tesla back to its highest price in three
months, with growing optimism now surrounding the company.
Tesla’s
stock has rebounded more than 60% from the lows seen last month and in March,
significantly increasing its chances of returning to…