's (NASDAQ: TSLA) stock has awakened. Shares have erupted for a 50% gain over the past few weeks after a long slide that dates back to last year. The reason? Tesla's second-quarter deliveries pleased Wall Street, while excitement builds for the company's upcoming Robotaxi event in August.
The stock is famously polarizing because investors must balance the company's present fundamentals with potential game-changing future catalysts. Tesla's ambitious goal-setting has helped drive remarkable long-term investment returns.
You can never count Elon Musk and Tesla out. That said, investors may want to sit this rally out.
Source Fool.com