Motley Fool
Why Tesla Stock Bounced Ahead of Earnings
While Tesla (NASDAQ: TSLA) stock has been a big winner over the last year and a half, it’s actually down about 6% year to date, underperforming the overall market. The leading electric car company’s second-quarter earnings report comes on the same day that a closely watched potential rival began trading publicly. Lucid Motors, which expects to deliver its first luxury electric sedans later this year, is now listed on the Nasdaq stock market.
