It's interesting that Tesla began to form a topping pattern around that same time that meme stocks stole the spotlight.
And listen to what Cathie Wood of ARK Investments had to say about TSLA and ride sharing.
Here's what has me nervous now.
Just as TSLA's strength lifted the S&P 500, its weakness can cut in the other direction.
I am talking about two defined paths. Let's call them Tesla and Plug Power.
China's highest-profile entrepreneur has vanished from sight for more than two months, and is said to have been told by the authorities not to leave town.
Here's why some types of financials will look much more attractive after Tesla races to the S&P 500.
I keep waiting for the rivals to surface.
TSLA has had the premium EV market virtually to itself for 3.5 years and should be printing profits, but it's not.
TSLA has now posted five consecutive quarters of profitability while rapidly increasing productivity as well as margin.