TSLA is likely to stay volatile as SpaceX-buyout rumors Barclays expects before Tesla's annual meeting keep circulating this week; the stock has already moved very strongly over the past month and a half. TSLA is clearly a decent, but not major, market driver.
He framed it in weeks
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Then you have SpaceX and Tesla. I don't think Tesla will be a major driver for the rest of the stock market, but it's clearly going to be a decent driver.
some traders and investors, particularly Barclays, believe there may be an announcement before Tesla's annual meeting that SpaceX may actually buy Tesla.
Therefore, expect these rumors to appear in the news this week as well. I think this will likely continue to bring a lot of volatility to Tesla's stock, and we've seen the stock move very strongly over the past month and a half.
Watchpoints
an announcement before Tesla's annual meeting that SpaceX may buy Tesla
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