Shares of Tesla Inc. (NASDAQ: TSLA) closed just under $430 on Tuesday, up approximately 12% from their recent low near $385. For a stock that has spent the past three months stuck in a tight range, that’s a meaningful move, and one that suggests the bulls may be starting to regain control.
With December now underway, Tesla seems to be finding its footing after a volatile autumn. The combination of technical strength, upbeat analyst sentiment, and improving operational momentum is helping investors reset expectations heading into year-end. Here are three reasons Tesla is starting December on its front foot—and one risk to keep in view.
