𝗧𝗲𝘀𝗹𝗮 𝘀𝗼𝗮𝗿𝗲𝗱 𝟮𝟱% 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵. 𝗪𝗵𝗮𝘁’𝘀 𝘂𝗽?
Tesla Inc. is doing great. First, the company started producing cars in its new factory in Berlin. As a result, investors now are more certain that the factory is profitable and that it has potential. Next, the reports said that Tesla has signed a secret multi-year contract with Vale to supply nickel. This will help Tesla avoid shortages from Russia, one of the big nickel producers. Finally, Tesla shareholders are going to vote for a stock split. The last company’s shares split was in August 2020. Since then, shares are up 300%. The stock split broadens opportunities for retailers to buy more affordable shares. Thus, Tesla may rise to $1200-1250 in the medium term.
Buy or sell?
Let’s see what awaits traders this week https://bit.ly/3v5gRpT
