One of the most important stocks in the market for active investors for decades (and passive investors as well, who own most market cap-weighted index funds) is the largest electric vehicle maker in the U.S.: Tesla (TSLA).
After reporting stronger-than-expected deliveries recently, TSLA stock has been on a volatile ride. The EV maker is still tethered to interim results around its auto business, as this generates the vast majority of its revenue and earnings. Accordingly, this stock price move we've seen in recent weeks is par for the course.
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After reporting stronger-than-expected deliveries recently, TSLA stock has been on a volatile ride. The EV maker is still tethered to interim results around its auto business, as this generates the vast majority of its revenue and earnings. Accordingly, this stock price move we've seen in recent weeks is par for the course.
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26 days ago
