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This is the greatest Tesla chart of all time

Oct 2, 2018, 03:50 IST

Markets Insider

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  • Tesla CEO Elon Musk was facing an SEC lawsuit last week that would have banned him from serving as a public-company officer, if a court had found him guilty of fraud.
  • Tesla shares plunged as a result.
  • After Musk settled over the weekend, Tesla surged on Monday and closed up 17%.

One chart says it all.

Tesla stock has plunged, and Tesla stock has soared.

But rarely has the stock done both in such a short period of time.

From Friday to Monday, Tesla swung from a 15% loss to a 17% percent gain - from $265 to $311.

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The visual of the chart, with that huge chunk knocked out, representing billions in value, is definitely worth more than words.

Markets Insider

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