Tesla Is Getting Its Due

Tesla OKs ads, inks deal with Ford, and sends shares soaring. Here's what to know...

Tesla Is Getting Its Due By Andy Swan Editor's Note: The stock market is closed today in observance of Memorial Day. Even though the markets are closed today, there's always something to keep an eye on, and that something is Tesla (TSLA). Shares have surged more than 24% over the past month. They're now closing in on the pivotal 200-dollar mark, gaining more than 7% on Friday alone. This sharp rally appears to be fueled by a series of strategic shifts that could redefine the trajectory of the electric vehicle (EV) titan. Notably, CEO Elon Musk has announced that Tesla, famously averse to traditional marketing, is ready to "try advertising" for the first time. What's more is that, in a move that extends Tesla's influence in the EV industry, rival Ford (F) has inked a deal with the company to grant its EV customers access to Tesla's vast (and unmatched) Supercharger network. Source: Ford Here's what we know so far about these potentially game-changing developments... Click here to continue reading   Andy Swan Co-Founder, Derby City Insights

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