Tesla Stock page 5

Key events: UK - BoE MPC Member Mann USA - Federal Budget Balance (May) On Friday, the S&P 500 experienced a rise in its closing value, although it fell short of the session's peak levels. The market failed to rally extensively despite a notable surge in Tesla (NASDAQ: TSLA) shares, as investors remained cautious ahead of the Federal Reserve's policy meeting and upcoming inflation data the following week.

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Key events:       New Year's Day – Early close   The situation seems to be developing according to the worst possible scenario one could come up with for these New Year's Eve days. Santa clearly does not want to come to the stock market. New fears of coronavirus and old fears of a possible recession in the coming 2023 are weighing on investors and keeping the stock bulls from raising their heads. It seems that the latter is trying to resist, but in the end, they do not succeed and day by day they give up one position after another.

Tesla recently announced that it was going to do a stock split in the future. Now, is it time to buy? Even though the situation is still in its early stages and few details are known about the potential split, Tesla's share price surged after the announcement in late March. And after the company's August 2020 stock split, its value soared by about 80%. So far, it's hard to say whether a potential stock split will lead to the same impressive results. But if you've been thinking about investing in Tesla for a while, now might be a good time to buy.

While most businesses worldwide have strived to withstand that crazy 2020, Tesla has been involved in making history. In less than 12 months, the electric car maker marked numerous achievements, with its stock soaring above $2,000 per share, undergoing a split, and being included in the S&P 500 Index. So, considering the impressive results, some may be wondering what is in store for the company and what results investors should be expecting.