Part 1/9:
Bold Outlook for Tesla and the EV Market in 2024
As we approach 2024, the sentiment around electric vehicle (EV) makers, especially Tesla, remains highly bullish. Many analysts and investors are optimistic about Tesla's potential to continue its growth trajectory, thanks to recent strategic moves, technological advancements, and renewed focus from Elon Musk himself.
Tesla’s Market Performance and Short-term Fluctuations
Despite experiencing back-to-back losses recently, Tesla’s stock remains resilient. After 13 consecutive days of gains earlier in the week, Tesla's shares closed slightly lower, a minor setback that equates to only about 1% of its substantial market capitalization. Such brief dips are considered normal market fluctuations, especially after a strong rally.