Tesla's stock is experiencing a notable upswing, driven by a combination of strong institutional support and positive market sentiment. Recent reports highlight Tesla's robust financial performance, with a 3-year sales growth rate of 46.9% and a 3-year earnings growth rate of 263.5%. This financial strength, coupled with Tesla's strategic expansion into autonomous driving and energy storage, has attracted significant investor interest. The company's recent inclusion in MAPsignals' Top 20 report underscores the unusual buy pressure and growing fundamentals that are propelling the stock higher. Additionally, Tesla's ambitious plans for its Robotaxi service and continued dominance in the EV market are fueling optimism among investors.
The Graniteshares 2x Long TSLA Daily ETF (TSLR) is currently priced at $63.41, reflecting a 1.33% increase from the previous close.