The last time Tesla reached these highs, it quickly got cut in half $TSLA (via TradingNation)
Shares have rocketed nearly 60% higher in the past three months, notching a new high on Wednesday for the first time since September 2017., chief market strategist at Miller Tabak.
When Tesla last bumped up against this level a year ago, shares began to spiral before bottoming out in June. That marked a 53% decline. "But I think when you step back, basically, the bottom line is Tesla right now continues to dominate the EV space," Schlossberg said.
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Update: Congress Rejects De Facto Bailout For Tesla And GMDavid Blackmon is an independent energy analyst/consultant based in Mansfield, TX. David has enjoyed a 39-year career in the oil and gas industry, the last 23 years of which were spent in the public policy arena, managing regulatory and legislative issues for various companies, including Burlington Resources, Shell, El Paso Corporation, FTI Consulting and LINN Energy. During this time, David has led numerous industry-wide efforts to address a variety of issues at the local, state and federal level, and from April 2010 through June 2012, he served as the Texas State Lead for America’s Natural Gas Alliance. In addition to client-related work, David also maintains a growing media communications practice. He is currently Associate Editor for Shale Magazine (www.shalemag.com), a contributor on energy-related matters at Forbes.com, and a feature writer for World Oil Magazine. He is the resident energy expert on the 'In The Oil Patch' radio program, and executes frequent public speaking engagements around the state of Texas and at conferences. The text or links to all of David’s writings and podcasts can be found at www.dbdailyupdate.com. He attended Texas A&I University and The University of Texas, earning B.A. in accounting in 1979.
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