Tesla's Struggle Continues Despite Recent Stock Increase

Tesla's Struggle Continues Despite Recent Stock Increase

By
Ludmila Petrovich
1 min read

Tesla Inc. shares have shown signs of life in recent days after this year’s extreme slide, but investors lack the clarity needed to bet on any lasting recovery. The electric vehicle maker is due to provide its first-quarter delivery numbers early next week and rapidly dropping estimates over the past month suggest a lackluster report. More importantly, recent news flow implies tepid demand for its cars in coming months. Despite the recent uptick in share prices, the future remains uncertain for investors as the company's performance continues to fluctuate.

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