Why Tesla Stock Has Exploded In Recent Weeks (Ep. 96)

There’s a lot of minor reasons why TSLA stock is doing well. 1. Fed has backstopped the market and is printing $ 2. Growth stocks benefitting from inflow of investor dollars (ie., look at SHOP) 3. Market thinks economy bounces back fast after COVID 4. Tesla’s demand doing well, shows why its the strongest auto maker 5. Tesla in 1st place with FSD development 6. Model Y ramping, adding to Tesla’s ability to grow profits 7. China production and demand growing nicely 8. Berlin factory progressing well 9. Tesla Energy showing promise But those reasons might only get us to a $1200-1300 stock price at the moment Some more important reasons why TSLA is doing well: 1. Probable Q2 GAAP profit causing some shorts to exit 2. Probable S&P 500 inclusion causing re-rating of stock amongst funds and analysts 3. Traders front-running S&P500 inclusion Follow me on Twitter: https://twitter.com/heydave7 Follow me on Instagram: https://www.instagram.com/heydave7 Check out my podcast by searching “Dave Lee on Investing” in your podcast player or in iTunes, https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991 Submit a video question at http://www.davelee.tv Watch this video on what a 10x company is, https://www.youtube.com/watch?v=r9HtG-jJSTY Watch this video on how new tech goes mainstream, https://youtu.be/gVsFsydllNo Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768 Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel. Author is long TSLA, SQ and other stocks at time of original video publish date.

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