Electric vehicle king Tesla Inc (NASDAQ: TSLA) looks set for fresh gains after its Q4 earnings report dispelled fears that its best days were behind it. With a major source of uncertainty removed, the bulls should now have more than enough ammunition to get this rally back on track.
Shares of TSLA have been in a multi-month uptrend that began last April. In recent weeks, however, the stock traded softly as questions mounted about management’s ability to keep pivoting the company’s focus and revenue engines. These fears seem to have abated in light of the Jan. 28 report.
