Tesla's wild week | What to do with TSLA from here | Is Microsoft the indispensable stock?
EDITOR'S NOTE
Was Tesla a buy or was Tesla a sell? It depends on what day you were trading it this week.
CNBC's Michael Sheetz takes a look back at the rally that almost pushed Tesla stock to $1,000 per share before coronavirus fears took it back down to about $748. Notwithstanding, the stock was still up 15% for the week and nearly 79% year-to-date.
Tesla has plenty of believers, including ARK Invest, which has said the stock could reach $7,000 a share by 2024. CNBC's Pippa Stevens, however, writes that at this point in Tesla's history, Wall Street analysts have never been so bearish on the stock.
Said Needham analyst Rajvindra Gill, "We've never seen a stock rise that much that fast with such little regard to past fundamentals or track record."
Enjoy the weekend and thanks for reading Weekend Brief. Email your thoughts at EveningBrief@nbcuni.com or follow me on Twitter @tellittoal.
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MICHAEL SANTOLI'S MARKET COLUMN
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YOUR WEEKEND BRIEFING
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