Tesla Stock Leads Nasdaq Rally – 2 Factors Supercharging the Recovery

By CCN: As major US stocks mount a massive comeback following Fed Chair Jerome Powell’s dovish comments, the Nasdaq is roaring into recovery mode. Curiously, the tech stock leading the march higher is the much-maligned Tesla (TSLA), up more than 7% on the day. 2 Factors Powering Tesla Stock’s Recovery It is no secret that Tesla and Elon Musk have been battered by a relentless storm of bearish news this year. Whether it be wild cash burn or a lack of consumer demand, the EV manufacturer has seen its share price devastated. So what is helping it outperform the entire

The post Tesla Stock Leads Nasdaq Rally – 2 Factors Supercharging the Recovery appeared first on CCN

Source: https://www.ccn.com/tesla-stock-2-factors-recovery

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