Shares of Tesla Inc. (NASDAQ: TSLA) opened this week around the $430 mark, continuing a remarkable run that has seen them more than double in value since April. The stock is at its highest level since December last year, fueled by renewed optimism around growth drivers such as autonomous driving and robotics.
But after such a rapid ascent, October’s earnings report could not be more critical. Investors who have been riding the rally will want to see clear confirmation that the fundamentals are strong enough to support Tesla’s current valuation.
