25.03.2020 TESLA Daily Analysis

25.03.2020 TESLA Daily Analysis

This week Tesla has been on a consistent lane making some good progress. Tesla's shares closed 1.58% higher at $434.29 on Monday. The shares traded 2.55% higher at $445.38 in the after-hours session. Then on Tuesday the stock's value rose by more than 5% and closed at  $503.01 breaking through the $500 mark. On Wednesday morning Tesla is going for $505 and has a pre-market value of $533.11 which is a further improvement of 5.68% Tesla seems poised for a big run once everything settles down because they still are delivering their Model Ys and their production in China is picking up pace. On top of all this Tesla just landed a new battery producer for their Germany Gigafactory. E.ON which is Germany’s largest battery manufacturer signed a contract with Tesla and soon everything will be in the works. "We have been hired by Tesla to design the energy solutions for it's planned Gigafactory near Berlin" Chief executive Johannes Teyssen said,"We've been given 18 months and we will deliver."