Why Tesla Stock Reached Its 12-Week High Last Week
In the week that ended on November 9, Tesla (TSLA) stock continued to trade on a positive note for the fourth consecutive week. In the third quarter, Tesla fell 22.8%. Other auto stocks (XLY) General Motors (GM) and Ford Motor Company (F) have risen 6.0% and 1.4% quarter-to-date, respectively, while Fiat Chrysler Automobiles (FCAU) has fallen 7.1% in the fourth quarter so far.