Tesla (TSLA) on the Verge of Breaching $1,000 Threshold Amid Optimism Surrounding the Semi and a Wedbush Target Upgrade
https://wccftech.com/tesla-tsla-on-the-verge-of-breaching-1000-threshold-amid-optimism-surrounding-the-semi-and-a-wedbush-target-upgrade/
Tesla (NASDAQ:TSLA) is on a relentless roll this week as the stock looks poised to cross the crucial $1,000 psychological level after having formed a fresh year-to-date high on Monday.
A number of conducive factors seem to be acting as a tailwind for Tesla shares, leading to a sustained upward momentum. As an illustration, in an internal email that was leaked today, Tesla CEO Elon Musk indicated that it was high time to gear up the Tesla Semi commercial truck to “volume production” levels. Musk’s tone seems to suggest that the coronavirus-induced hiatus in the Semi’s production ramp-up is now at an end. Tesla CEO went on to note: