What was the cause of it? This?: "Tesla Inc. is readying a small SUV sharing the same platform as the Model 3 and the Model X with its instantly recognizable “falcon wing” doors, according to a British car magazine. The compact SUV would sell for a slightly higher price than the mass-market sedan, "
He had a press conference earlier where he emphatically stated that the the inclement weather plaguing the East Coast today would have no material effect on the Gigafactory battery production in Sparks. Wall Street acted accordingly.
I'm not a fan of cult stocks and their unapologetic leaders. I'll trade tesla or apple if I can make a profit, but nah, not really a fan of either company, and yeah, mostly has to do w/Jobs and Musk.
Beside's Bharami buyers firmly took over the helm after they pushed above 50dma but weak as long it stays AP
It says Musk will participate by buying 25MM worth of the stock. That means he only has to sell 10,500 of his existing 2.8MM shares to come up with the funds for the purchase.
Ok, I understand this approach, if all people thought like you we would have a com[etely rational market.