After shedding more than $300 between the start of January 2022 and the end of February 2022, Tesla stock is bouncing back and investors are optimistic that the stock shall shoot through the roof in the coming days.
The current Bull trend is pegged on the increased production of Tesla Model Ys specifically from the Texas Giga factory and the recent announcement by the company that it shall offer free charging for electric vehicles (both Tesla and non-Tesla) in part affected by the ongoing crisis in Ukraine.
To help stock traders eying the Tesla stock, Invezz has created a brief article on what it is and the best places to buy it.
To find out more, please continue reading.
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What is Tesla stock?
Tesla stock is the stock of Tesla, Inc. and it trades on NASDAQ under the symbol NASDAQ: TSLA.
Tesla, Inc. is an American-based car manufacturing company that specializes in designing, developing, manufacturing, selling, and leasing electric vehicles and energy generation and storage systems.
Elon Musk, one of the richest people on earth, is the CEO and owns a majority of the company’s shares besides owning other companies including SpaceX.
Should I buy the TSLA stock today?
It is a perfect time to buy Tesla stock since it is after a dip and if you buy you could make good cash when the stock corrects the recent dip.
Tesla stock price prediction
There are high expectations that the TSLA stock shall rise above $1,000 before the end of March especially due to the accelerated production.
Tesla social media coverage
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