Here's why Tesla shares are on fire again
CNN
Tesla shares have been on a tear in recent weeks as Elon Musk marked the company's first deliveries from its new Berlin factory, easing investors' fears about whether the EV maker would receive the necessary approvals from the German government.
"I'd say 30% of investors we talked to over the last six months thought Berlin was never going to open because of the red tape and bureaucracy," said Dan Ives, tech analyst at Wedbush Securities. "Many investors were fearing [Tesla] would never have a beachhead in Europe and it would just be an empty factory."
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Prepare for automotive sticker shock next year – again.
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