Tesla Stock Is Almost Up in 2023. There Are a Couple of Reasons for the Rally.

It took two days for


Tesla


stock to enter a new bull market. That’s surprising action given some of the recent news, which hasn’t sounded good. But there are a few reasons why the shares are on the rise again.



Tesla


(ticker: TSLA) stock has risen about 20% from recent lows. Individual stocks, however, don’t really go into and out of bear and bull markets like stock indexes do. But using the bull market designation is a good way to illustrate just how crazy trading in Tesla stock has been recently.

Source: https://www.barrons.com/articles/tesla-stock-rally-51673282958?siteid=yhoof2&yptr=yahoo