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andy1967
2021-12-08

Good. Wait for price to stablise before taking a position.

Tesla Rebounds From Selloff, Leading EV Stocks Higher

(Bloomberg) -- Tesla Inc. rose the most intraday in over a week, tacking nearly $40 billion back ont

Tesla Rebounds From Selloff, Leading EV Stocks Higher

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Wait for price to stablise before taking a position.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/606710035","repostId":2189488630,"repostType":4,"repost":{"id":"2189488630","pubTimestamp":1638924363,"share":"https://www.laohu8.com/m/news/2189488630?lang=&edition=full","pubTime":"2021-12-08 08:46","market":"us","language":"en","title":"Tesla Rebounds From Selloff, Leading EV Stocks Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2189488630","media":"Bloomberg","summary":"(Bloomberg) -- Tesla Inc. rose the most intraday in over a week, tacking nearly $40 billion back ont","content":"<p>(Bloomberg) -- Tesla Inc. rose the most intraday in over a week, tacking nearly $40 billion back onto its market value, as electric vehicle makers and the broader stock market rallied.</p>\n<p>Tesla, which lost 6.2% last week and extended its decline Monday to briefly fall over 20% from its Nov. 5 high, helped fuel positive sentiment for other EV makers. UBS boosted its price target to $1,000 from $725 and said the company is “cementing” its leadership as the electric-vehicle market takes off. Tesla rose as much as 4.4% Tuesday, its strongest intraday gain since Nov. 29.</p>\n<p>“Tesla is likely to continue beating consensus expectations also in 2022 in terms of top line growth and margins, in a global EV market that keeps accelerating rapidly,” UBS analyst Patrick Hummel, who has a neutral rating on the stock, writes in a note.</p>\n<p>Among EV makers, top performers included <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> which rose as much as 7.4% and Sono Group NV, which was higher by as much as 6.6%. 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UBS boosted its price target to $1,000 from $725 and said the company is “cementing” its leadership as the electric-vehicle market takes off. Tesla rose as much as 4.4% Tuesday, its strongest intraday gain since Nov. 29.\n“Tesla is likely to continue beating consensus expectations also in 2022 in terms of top line growth and margins, in a global EV market that keeps accelerating rapidly,” UBS analyst Patrick Hummel, who has a neutral rating on the stock, writes in a note.\nAmong EV makers, top performers included Lordstown Motors Corp. which rose as much as 7.4% and Sono Group NV, which was higher by as much as 6.6%. 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