A Low-Cost Model 3 Just Hit the Streets in Europe. Can That Help Turn Tesla Stock Around?

A couple of months ago, Musk ignited a fresh rally. After securing a staggering compensation package potentially worth up to $1 trillion, he made his first personal share purchase in five years for roughly $1 billion. This insider buying spree stunned Wall Street and wiped out TSLA’s year-to-date (YTD) losses in a matter of days. Since then, momentum has quietly rebuilt. The stock is up 2.16% over the past five days, and although it is trading about 7.28% below November’s YTD high of $474.07, Tesla’s shares ...