Tesla's stock is experiencing a surge as the market anticipates record-breaking delivery numbers for the fourth quarter. Barclays has projected that Tesla could achieve 515,000 unit deliveries, marking a significant year-over-year growth. This optimistic outlook is driving investor enthusiasm, as the potential for Tesla to surpass its previous records is seen as a strong indicator of the company's robust performance and market demand. The anticipation of these record deliveries is fueling positive sentiment around Tesla, contributing to the upward movement in its stock price.
The Graniteshares 2x Long TSLA Daily ETF (TSLR) is currently trading at $50.10, reflecting a 5.10% increase from the previous close.