Tesla stock smashes past $250 as new lifeline emerges

As the new trading week begins, Tesla (NASDAQ: TSLA) is looking to extend its recent rally, driven by key developments in the Chinese market.In pre-market trading on Monday, March 24, TSLA stock jumped 4% to $259, decisively breaking the$250 resistance after multiple failed attempts. This follows a strong close on March 21, when the stock surged over 5% to $248.TSLA one-week stock price chart. Source: FinboldHowever, Tesla continues to grapple with challenges, including declining sales and mounting politic ...