So begins the shortened week due to yesterday's Martin Luther King, Jr. holiday, but it may be no less dramatic. Already it is looking like stocks will be under pressure as yields again rise, and investors begin to nervously adjust their portfolios. Friday has seen some calm descend on markets with the NASDAQ outperforming, which helped Tesla to a solid 1.75% gain, closing at $1,049.61. However, things are about to get ugly on Tuesday. European markets are already in the red, and an early gauge of the futures markets shows the NASDAQ indicating it is headed down nearly 2% and plummeting by 260 points.

Tesla Stock News
The Wall Street Journal reported over the weekend that a Tesla lawyer asked a law firm it uses, Cooley LLP, to fire an attorney. The attorney in question had previously worked for the SEC and had interviewed Elon Musk and been involved in the SEC probe into Elon Musk. The probe was back in 2018 and surrounded Elon Musk's claim that he had secured funding to take Tesla private. It remains to be seen if this hangs over the stock on Tuesday. The extra day may mean that the story fades from investor attention. However, the stock is going to struggle on Tuesday either way, and added to this is the continued selling from Cathie Wood of ARK Invest.

https://www.fxmag.com/forex/tesla-stock-price-and-forecast-will-tsl...