Tesla (TSLA) looks interesting again.
After gapping from about $210 to a low of $175.01, it’s starting to pivot higher again. Not only is it bouncing from over-extensions on RSI, MACD, and Williams’ %R, it’s also moving on excitement over a potentially new Roadster expected to ship by 2025.
“We radically increased the design goals for the new Tesla Roadster,” Musk wrote on X, as mentioned by CNBC. “There will never be another car like this, if you could even call it a car. I think it has a shot at being the most mind-blowing product demo of all time,” adding that it will reach 60 miles per hour in less than a second, “and that is the least interesting part.”