Is This Finally the Tesla Turnaround? Here’s What the Data Says

“It was the best of times, it was the worst of times…” With apologies to Charles Dickens, his classic opening line from “A Tale of Two Cities” also describes the last five years for Tesla (TSLA) shareholders. The first half was a party as the stock shot 2,500% higher, and the second half has been a long-lasting hangover. Itchy-finger short-term traders may have snagged profits on some of the quick upswings the last two-and-a-half years, but those who bought in late 2022 and have held on are licking their wounds.