After months of uncertainty, declining deliveries, and intensified competition in the EV space, sentiment around Tesla had dipped. But with Musk refocusing on Tesla and stepping back from other distractions, investors are speculating this could be the start of a Tesla comeback. Markets are forward-looking, and a leadership refocus can often precede a fundamental turnaround.
However, the question remains: is $250 a sustainable base or just a temporary bounce? While bulls are optimistic that refocused leadership and potential cost-cutting will restore Tesla’s growth narrative, bears argue that fundamentals — especially Q1 delivery weakness and macroeconomic headwinds — haven’t yet improved enough to justify a sustained rally.
Short-term traders may look to capitalize on momentum, but long-term investors should watch Tesla’s next earnings and any updates to its autonomous and energy business. If execution improves, today’s $250 could seem cheap in hindsight. If not, the bounce could quickly reverse.
One thing's for sure — when Musk makes a move, the market pays attention. Whether this is a bottom or just a breather, investors will be watching May very closely.
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