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I've occasionally written here about Tesla (TSLA). Although the relationship with the market and the energy sector is tenuous, it is a fascinating stock that has generated many business opportunities over the past two years. What made it so, is that it has evolved in a predictable way, but the move was based on factors other than fundamentals or the company's outlook. Based on the news this week though, the holiday could end.
TSLA has been volatile for a while. This is the result of a feeling oscillating between two extremes. Sometimes the market is focused on the huge potential of a company with an attractive mission and vision and an excellent range of products, while in others, the reality of profits, or rather their absence took over. Whenever this happened, the company's CEO, Elon Musk, published information or made a comment that reassured buyers and raised the stock.
As you probably know, the TSLA was very successful after hearing that the SEC was suing Musk and asking him not to be an officer of the company. This would be a blow to any business, but for Tesla, where many shareholders are more "true believers" than rational investors, this could result in significant losses.
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There are signs this morning that the stock is rebounding to some extent. He has won a few dollars since opening around …
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