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Tesla Stock Rises for Fourth Week. Why the ‘Troubled’ Stock Is No Longer Troubled. - Barron's

1. Tesla stock rose 1.1% as self-driving investments gain investor confidence. 2. Nearly 15% increase this week suggests strong market momentum for TSLA. 3. Quarterly disclosures showed some investor exits but overall market sentiment remains positive. 4. Easing U.S.-China trade tensions further buoy Tesla's stock outlook. 5. Projected ride-hailing revenue could significantly impact Tesla's overall financial growth.

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FAQ

Why Bullish?

Historical performance shows price increases often follow positive earnings outlooks and growth potentials. TSLA's recent gains reflect investor confidence in new revenue streams from robotaxi and ride-hailing services.

How important is it?

Investors are closely watching TSLA's developments, particularly regarding self-driving technology and ride-hailing services. Positive sentiment and projected revenue could lead to further price appreciation.

Why Short Term?

Immediate market reaction to earnings and new services likely drives short-term price movements. The medium-term impact will depend on the successful rollout of the robotaxi service later this year.

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