Chart Horizon News: Just on Friday (18th), as of the close of the US stock market, Tesla's stock price returned to the $900 mark, and the market value also returned to more than $900 billion, so what happened? Why did Tesla's stock price rise sharply?
01 Tesla's stock price soared, back to the $900 mark!
(The picture shows Tesla stock price - chart horizon)
On Friday (18th), the new energy automobile giant - Tesla stock price soared to $907.85 in the US stock market, and finally, closed with a 3.88% rally, the stock price returned to the $900 mark, and finally reached $905.39, with a market value of more than $935.7 billion!
The stock price has once again reached the $900 mark, which is also the first time Tesla has appeared since mid-February this year!
Since then, Tesla's stock price has risen more than 15% this week, and it is also the best week since Last December.
02 Musk tweeted "meritorious service"?
So the question arises: Why did Tesla's stock price rise sharply?
In this regard, analysts said that this may be mainly due to a tweet by its CEO - Musk!
Just on Friday, Musk tweeted: "The third installment of the ultimate plan is being made!" ”
While Musk didn't give details, Adam Jonas, an analyst at Morgan Stanley, a Wall Street investment bank, said Tesla's third installment could be a potential market for large-scale industrialization, flywheel model networks and analytics integration adjacent to each other, and the possibility of Tesla's involvement in the aviation sector increases in the future.
Jonas believes that "flying in the sky" is the next stage in Tesla's development, launching products and services like eVTOL (electric vertical take-off and landing aircraft), which may be called "Tesla Aviation".
03 Good news from the United States?
In addition to Musk's tweets, Chart Horizon believes that Tesla's stock price rally may also be affected by a good news from the US side!
Just on Friday, a new Tesla Model Y appeared on the EPA's website, which also showed that the car's electric crossover ROVER built at the Texas factory can be shipped, further expanding Tesla's product line.
In the end, with the help of the above 2 positives, Tesla's stock price rose sharply, and its market value soared to $935.7 billion!
What do you think about that? What do you think will happen to Tesla's stock price next?
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