The TSLA stock has been surging higher in the past few days on a mix of positive news which have been lifting the broad US stock market.
- The US data has started to surprise to the upside recently alleviating growth fears.
- Over the weekend and on Monday we got some positive news on tariffs with WSJ reporting that the US is narrowing its approach to April 2 tariffs set and President Trump saying that not all of his threatened levies would be imposed on April 2 and some countries may get breaks.
- JP Morgan reported that retail traders poured $8.1 billion into Tesla stock over 13 straight trading days. That's the biggest retail buying streak by dollar amount in more than ten years.
Tesla Stock (TSLA)
