Did Nancy Pelosi Miss A Trick By Selling Tesla Ahead Of Breakout? EV Maker's Stock Up 35% Since Congresswoman's Trade

Benzinga 2024-07-05

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Tesla has been on an extended downtrend since peaking in late-2021 amid an industry-wide demand slowdown and margin impact of price cuts. After consolidating around the $168-$185 range between May and late-June, Tesla broke above the trading range.

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