Tesla Whipsaws After Stock Rallies 50% From Its May Bottom

While Tesla investors have been through a tumultuous 2022, with the company tackling several challenges, the shares have been recovering at a torrid pace. They posted a 32% gain in July for Tesla’s best month since October, as resilient second-quarter results, a climate change bill from the Biden administration and an overall cautiously optimistic mood in the markets helped boost the stock.

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