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Tesla hits 10-year milestone. Here’s where it heads next

June 30, 2020

Via: CNBC

Tesla just hit a major milestone.

The electric vehicle maker turned 10 years old as a publicly traded company on Monday, a stretch in which it rallied from its IPO price of $17 a share to over $1,000.

Just this year, shares have risen more than 130%. The stock is on track for its best quarter since 2013.

Ari Wald, head of technical analysis at Oppenheimer, said Monday that one key level should indicate whether the stock has more room to run.

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