For a stock that has spent much of the past few weeks looking heavy and technically fragile, Tesla Inc (NASDAQ: TSLA) is having an impressive turnaround. Until recently, its shares had been struggling to shake off a run of unhelpful headlines, from the fresh NHTSA probe to broader macro uncertainty, and looked in real danger of forming a proper downtrend.
However, the past few days have completely changed the tone, with the stock surging nearly 15% over just four sessions and pushing above $420 for the first time in almost a month.
