Tesla is on track to end its nine-week losing streak, its worst ever, according to Barron's. Shares climbed nearly 10% this week and rose 1% in premarket trading. A close above a key technical level would officially end the streak. The stock has bounced back from a 42% drop after Trump’s January inauguration and Musk’s controversial political appointment. Analysts say Tesla must clear its 200-day moving average around $285 to make a run toward $320.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla's on track to end its nine-week losing streak, its worst ever, according to Barron's.
00:06Shares climbed nearly 10% this week and rose over 1% in pre-market trading.
00:10Close above a key technical level would officially end the streak.
00:13Stock has bounced back from a 42% drop that began after Trump's January inauguration
00:18and Musk's controversial political appointment.
00:20Analysts say Tesla must clear its 200-day moving average around $285
00:25to make a run towards $320.
00:26For all things money, visit Benzinga.com.