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A chart shared by Piper Sandler, via Tesla daily, illustrates this rally vividly. Notably, a spike around the Model Y in Germany indicates rising demand, supported by the inventory clearance. Historically, after such surges, a plateau or slight decline often follows, and analysts anticipate a similar pattern here.
Tesla's stock price also reflected positive momentum, rising by 2.04 percent amid a broader market rally. While underperforming slightly compared to market gains, Tesla's positive day points to investor confidence, especially given the optimistic outlook.