Shares of Tesla Inc (NASDAQ: TSLA) closed just under $320 on Monday, extending a powerful rebound that began after its Q1 earnings release last month. That report, while technically a miss on headline numbers, appears to have reset market expectations and removed a major overhang. Since then, the stock is up nearly 40%, rallying from a textbook double bottom and reestablishing itself as a momentum leader in the large-cap tech space.
